Nate.tech scandal: Is AI stupid after all?

Nate, founded in 2018, raised over $50 million in funding. Operating from the domain Name.tech, the company secured a $38 million Series A round led by Renegade Partners, with support from investors like Coatue and Forerunner Ventures. Nate claimed its app allowed users to make purchases from any e-commerce site with a single click using AI. […]

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