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Centricity Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Maine native accused of defrauding AI firm investors

The indictment alleges Brackett added a “5” at the beginning of the $94,420 balance to make it falsely appear as $594,420.

Michael brackettJason nicholsUs district courtCentricity incHannaford supermarkets

Bath native, AI entrepreneur accused of swindling investors

Michael Brackett was arrested Tuesday on wire and securities fraud charges after he allegedly lied to investors about the financial health of his tech startup, Centricity Inc.

United statesJason nicholsMichael brackettCentricity incNew york based

Bath native, who is AI entrepreneur, accused of swindling investors

Bath native, who is AI entrepreneur, accused of swindling investors
sunjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunjournal.com Daily Mail and Mail on Sunday newspapers.

United statesJason nicholsMichael brackettCentricity incA press heraldNew york basedPress herald

Bath native, who is AI entrepreneur, accused of swindling investors

Michael Brackett was arrested Tuesday on wire and securities fraud charges after he allegedly lied to investors about the financial health of his tech startup, Centricity Inc.

United statesMichael brackettJason nicholsCentricity incNew york based

AI Startup Sees Opportunity Forecasting Pandemic-Era Consumer Demand

Jan. 12, 2021 7:13 pm ET Centricity Inc., a startup that uses artificial intelligence to help companies predict consumer demand for specific products in particular communities, is expected to raise $10 million in new venture-capital money this year. The New York City-based company, one of many enterprise technology startups that have gained traction during the pandemic, uses AI algorithms to analyze some 2.5 billion data points’ worth of internet traffic a day to predict demand for products so that retailers can stock their shelves accordingly. About 10 undisclosed companies in Europe, Canada and the U.S. are using Centricity’s software platform in sectors such as grocery, nonfood retail, apparel and consumer electronics, said Chief Executive Michael Brackett, who founded the company in late 2019.

New yorkUnited statesJason nicholsSara castellanosBrandon purcellMichael brownMichael brackettIntelligent retail labDow jones company incCentricity incForrester research incWalmart incNielsen holdingsNew york city basedChief executive michael brackettKoninklijke ahold delhaize

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