Former executives of AI developer Alt arrested for window-dressing
Business
The Tokyo District Public Prosecutor's Office's special investigation squad arrested Kazutaka Yonekura, 48, the founder and former president of Japanese artificial intelligence developer Alt, and three others on Thursday on suspicion of padding the firm's sales in violation of the financial instruments and exchange law. The other three include Yusuke Hioki, 34, also a former president of the Tokyo-based company. The special squad did not reveal whether the suspects have admitted the allegations
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