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GenesisAI

The following (verified) people have been significantly associated with this entity, either as a participant, contributor, promoter, or beneficiary, according to our OSINT research:

  • Archil Cheishvili (Fraudster, Spammer)

    • Reviews:

    Archil is desperately trying to scrub the internet of articles that point to his scammy activities. We should not let him. To reiterate, he set up a company, slapped an “AI” label on it, and used a mass email marketing campaign to attract unsophisticated investors to several crowdfunding websites. In total, he raised around $4 million from 2,000 small investors. His wife did the same but was caught by the SEC. It’s unclear why Archil has not yet been held liable for this. Read More

    Archil Cheishvili the scammer - has now paid someone to write puff pieces about him on medium.com - that is hilarious, this scammer thinks he can hide his deeds from the internet - the internet is forever. Read More

    Archil is a complete scammer. He raised around $4 million via crowdfunding. The way the scam worked was that he advertised crowdfunding campaigns to the millions of people on the email list he had somehow put together, and instead of developing an actual product, once he closed one crowdfunding round he immediately launched another, and continued this pattern until the jig was up and he abruptly shut the company down. Total fraud. Read More

    I was an investor here. Let me know if action is being taken Read More

    I am one of the victim of the Genesis AI scam through NetCapital Equity Fund Raiser. I would like to be part of this to bring justice to all affected investors. Please let me know if any detail needed. I also reached to Eric Morales at [email protected] to get involved. Thank you Tucker Jeffreys for this and everyone coming together for getting justice. Read More

    Archil leveraged Harvard pedigree and thought‑leadership articles to position himself within the “AI democratization” narrative. All he achieved was five years of capital burn with no shipping marketplace or paying customers. Evidence to date shows serious execution failures and significant governance red flags. Potential investors or partners should approach with heightened due diligence. Essentially he is a serial fraudster. Read More

    Archil Cheishvili is an absolute fraud. He most likely is being investigated by the SEC. Archil Cheishvili's company failed to deliver a functional product, he never even tried beyond flashy promos. Read More

    As a person who invested very early into this sham of a company based on their incredible advertisements, I learned a lot about crowdfunding and scams. Archil and his wife scammed their investors out of millions (hers was called Destiny Robotics and also got sanctioned by the SEC) to support their Miami Beach lifestyle. When a Netcapital investor named Joe Gensler and I started questioning him, Archil called us competitors, FUD'ers, liars and much worse. We were both kicked off his discord for questioning his b.s. I tried to make any connections between GenesisAI and his "advisors" from Harvard. That was a fabrication as well. I hope this charlatan gets the justice due to him. Good people lost good money to this scammer and he absolutely didn't show one shred of remorse or accountability. He needs to be kicked out of this country or jailed. Read More

    Archie (Archil) Cheishvili is a scammer, his linkedin says AI/ML but he does not have any expertise in any of those fields. He created a fake company, used a bunch of buzzwords to then proceed with his crowdfunding scam. See more here: https://netcapital.com/companies/genesisai/updates . His company -GenesisAi- made no attempt to earn any revenue and deliver on the promises, he spent some of the money he raised on "marketing", which was basically funding for his next outreach to other retail investors via mass email spam campaigns to get them to invest in his scam. Read More

    Archil Cheishvili created a mass email campaign to attract small investors and fundraise for an "AI" company that does not make the product he advertised. He raised around 4 million dollars, resigned from being a CEO and basically shut the company down taking all the investor cash. These are all FACTS. While not generating any revenue for three years he decided to raise another funding round for $204 million valuation. I would not employee him at my company. Read More

    Absolute fraud - please read https://www.genesisai-investors.com/ - He defrauded small investors of around $4 million and basically shut down his company that didn't even try to develop any product. Archil Cheishvili had no AI experience or team behind him to create what he promised. It was a one or two man shop. He and his family made millions from small investors. Read More

    Archil illegally buys mass email lists and then breaks the Terms of platforms like Mailchimp where he swears to not be spamming users and that all his users have opted-in Yet another douchebag selling "AI" aka spam and harassing services, super clever! nope, just a dickhead Read More

    *The vast majority of people listed in this database are just “normal” business people, therefore no negative connotation is insinuated nor should misdeeds be assumed based on existing in our business directory. Our underlying goal is exposing misdeeds and fraud, but to accomplish this we often must first identity “honest” business people. This is because of things like similar names, impersonation, copyright infringement, and other reasons. Thus, the vast majority of people in our database are not being accused of anything shady. For this reason, profiles are now “noindexed” by default until comments exist on any given profile, since many of them are unnotable.

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