AI Startup Founder Joanna Smith-Griffin Arrested for Allegedly Defrauding Investors of $10 Million on $11,000 Revenue

Joanna Smith-Griffin, the founder of an artificial intelligence startup, has been arrested for allegedly defrauding investors of $10 million. Despite being featured on Forbes' 30 Under 30 list, her company reportedly generated only $11,000 in revenue. The startup was utilized by schools in major cities including Los Angeles, New York City, and Atlanta. The case has raised significant concerns regarding trust and accountability within the tech industry, particularly in the rapidly evolving AI sector. As the situation develops, scrutiny continues to mount over the implications for the education sector and the broader tech landscape.