'We win, we lose': Clare Capital settles Being AI case for $150,000

Being AI filed defamation charges against Clare Capital over comments from the investment firm it regarded as defamatory. (Image: Getty)

John Anthony

Fri, 24 Jan 2025

Investment firm Clare Capital will pay a $150,000 settlement to New Zealand Exchange-listed Being AI over material the artificial intelligence company deemed false and defamatory.Being AI alleged an April publication by Clare Capital contained false statements about Being AI’s business and leadership.However, Clare Capital's founder and managing partner, Mark Clare, stated that the company was resolute in its assessment of Being AI.In a statement to the NZ Exchange (NZX) on Friday, Being AI said that after failing to resolve the matte...

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