AI Investor Seeks To Enforce $25M Hong Kong Award In Shareholders’ Dispute

(May 14, 2024, 2:24 PM EDT) -- NEW YORK — A Cayman Islands investor in artificial intelligence (AI) companies filed a petition in New York federal court seeking to confirm a Hong Kong International Arbitration Centre (HKIAC) award against certain Chinese entities and citizens and one Cayman Islands entity worth $25 million, which the plaintiff says the defendants are required to pay after breaching a settlement....