Energy Company Overstated AI Platform’s Role In Business, Class Suit Alleges

(July 13, 2023, 8:42 AM EDT) -- SAN FRANCISCO — An energy storage company touted the high margins permitted by, and the desirability of, its artificial intelligence platform, only to disclose that its financial results were “dramatically worse” than the guidance it gave just a few months earlier, according to a securities class action filed in California federal court....