GameOn founder Alexander Beckman and wife Victoria Lau Beckman bought San Francisco homes with stolen funds, property records show

The former CEO of chatbot company On, which raised $125 million from VCs and sports stars like Joe Montana is now being charged with wire fraud, along with his wife.

Alexander Beckman, 41, and his wife Valerie Lau Beckman, 38, of San Francisco, were arrested today in federal court on charges of bank and wire fraud in connection with AI services for the nation's major sports leagues and biggest team franchises.

The indictment describes an enterprise constantly teetering on the edge of failure as the Beckmans allegedly solicited and obtained investments via false financial documents that dramatically overstated company sales,

The indictment against GameOn founder Alexander Beckman wife and Valerie was unsealed this week and alleges the pair committed wire and securities fraud, conspiracy, identity theft and other charges.

How big is the AI boom? AI companies are leasing millions of square feet, enough to fill a modern San Francisco skyscraper several times over.

Here's what you need to know this week about artificial intelligence in the Bay Area: a San Francisco commercial real estate rally, two news licensing deals, OpenAI's new board member, funding rounds and more must-reads.

This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.

City shows 1.6% increase in office visits, while remote job postings fall 16% according to study tracking mobile phones.

Christmas, a small Chinese startup called DeepSeek unveiled a new artificial intelligence system that could match the capabilities of cutting-edge chatbots from companies such as OpenAI and Google.

Samsung Electronics on Wednesday unveiled its newest Galaxy S25 smartphones, powered by Qualcomm's chips and Google's artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and fend off Apple and Chinese rivals.

The founder of GameOn, a San Francisco artificial intelligence startup, has been indicted for running a "brazen and wide-ranging" six-year fraud that cost the company and investors more than $60 million,