AI or Not raises $5 million to stop AI fraud, deepfakes and misinformation

Amnesty International or nota widely covered AI fraud detection platform, has raised $5 million in a seed funding round to accelerate its use of “AI to detect AI” in images, audio videos, and deepfakes to prevent fraud and misinformation.

Foundation Capital led the round with participation from GTMFund, Plug and Play and strategic angel investors.

The company indicated 85% of corporate finance professionals now view AI fraud as an “existential” threat and more than half have already become the target of deepfakes.

In the next couple of years, AI-generated fraud could be responsible for even more 40 billion dollars of losses in the United States alone. It’s this growing threat that has fueled AI or Not’s growth over the past year, serving over 250,000 users to date, with the infusion of new funding used to create more sophisticated ways to detect misinformation online and ensure their tools stay ahead of evolving threats.

“In countless ways, we rely on our ability to see and hear to verify authenticity. With the advent of generative AI models, we can no longer be certain,” Zach Noorani, a partner at Capital Foundation, said in a statement. AI or Not’s unique discovery solution solves this emerging problem. We’re excited to support their mission of protecting people, businesses, governments and assets at scale from the risks posed by generative AI.

The AI ​​or Not platform uses proprietary algorithms to identify and validate content, starting with AI-generated content Deep fakes impersonating female politicians, Fake votes It is used to impersonate older people in AI-generated music that is already on major streaming platforms.

As the recent backlash against companies like dead Most notably, public demand for authenticity and transparency in digital content is on the rise. With its innovative tools, AI or Not is uniquely positioned to address these challenges, helping users and organizations navigate the complexities of the AI ​​era while maintaining trust in the digital world.

“Generative AI has unlocked incredible potential, but it has also opened the door to harmful misuse that affects everyone from vulnerable individuals to global enterprises,” Anatoly Kvitnysky, CEO of AI or Not, said in a statement. “This funding allows us to continue our mission of creating a safer digital world by giving users the power to detect and stop AI-based fraud and misinformation before it causes any harm.”

AI or Not is on a mission to protect individuals and organizations from the risks of misuse of generative AI. The platform provides advanced AI-powered tools to detect deepfakes, fraud and misinformation in real-time, ensuring authenticity in an increasingly AI-driven world. The company has seven people.

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