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AI firm AMAX agrees to $2.48 million settlement over ineligible PPP loan

AI firm AMAX agrees to $2.48 million settlement over ineligible PPP loan
Photo: FOX 7 Austin (KTBC) - News · view original

Federal prosecutors announced that an artificial intelligence data center engineering firm has agreed to pay $2.48 million to resolve allegations that it improperly received a second-draw PPP loan.

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