TECH - AI Startup Backed By Bernard Arnault's LVMH Uses AI To Tell You If That Louis Vuitton Bag Is Real Or Fake | Benzinga
A startup backed by the world's second richest person, Bernard Arnault, can detect if that Louis Vuitton bag you have your eyes on is fake or real.
What Happened: Entrupy, backed by LVMH Moet Hennessy Louis Vuitton SE (OTCPK: LVMHF), claims that it can detect whether that pre-owned luxury bag you're checking out is fake or real, with an accuracy rate of 99.1%.
Arnault, the CEO of Louis Vuitton, is currently the second richest person in the world with a net worth of $179 billion, according to the Bloomberg Billionaires Index.
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