Clearview AI reaches 'creative' settlement with privacy suit plaintiffs: A conditional IOU

Biz too broke, class too big to settle now; agrees to pay in limited circumstances like an IPO, liquidation

Unable to afford a settlement with "virtually anyone in the United States whose face appears on the internet," data-scraping facial recognition firm Clearview AI has decided that an IOU for a chunk of the company's future value will have to do. …