Facial recognition firm Clearview AI's CEO resigns

Hoan Ton-That has resigned as CEO of Clearview AI, a facial recognition technology company, but will remain on the board.

No specific reason was given for his departure.

Hal Lambert and Richard Schwartz have been named co-CEOs as the company looks for new opportunities under their leadership.

Clearview AI, known for its 30-billion-photo facial recognition database, faces criticism and legal challenges over privacy violations.

Despite claims of growth, Clearview AI remains unprofitable, with a US$130 million valuation following its last funding round in 2021.

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