AI Company Founder Faces Legal Battle Over Palantir Secrets

Ex-Palantir Employee Faces Legal Action for Allegedly Stealing Companys AI TechA co-founder of AI startup Percepta, Hirsh Jain, is facing a lawsuit from his former employer, Palantir Technologies, for allegedly stealing the companys valuable source code and recruiting its employees. The lawsuit, filed in Manhattan federal court, claims that Jain and two other Percepta executives disregarded their contractual and legal commitments and chose a path of deception and unjust competition. However, Perceptas venture capital firm, General Catalyst, has called the lawsuit baseless, stating that Percepta has never used any confidential Palantir information. The ongoing legal battle highlights the intense competition and intellectual property concerns within the rapidly growing AI industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.