00:00 It's Benzinga and here's what's on the block.
00:02 The DOJ indicted Google software engineer Lin Wei Ding for stealing confidential AI technology
00:07 from Google. Ding is accused of uploading over 500 files related to Google's AI data center
00:12 hardware and software to his private Google Cloud account. Prosecutors allege Ding secretly started
00:16 a tech startup in China while still employed at Google and attended meetings there to raise funds.
00:21 Ding pitched his China-based company, which was focused on AI, at an investor conference
00:24 in November of 2023. If convicted, Ding faces fines up to $250,000 per count and 10 years in
00:30 prison on the four theft of trade secrets charges. For all things money visit Benzinga.com
