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factmata

Funded

Last Update: 296d ago

Reviews: 0

Following: 0

Scalable AI to combat the spread of fake news online

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Description

Hate speech on online forums. Coordinated rumors spread by bots about anyone. Fake news about vaccines, COVID-19, the elections, and even major brands. The problem is getting worse. It’s estimated “fake news” costs the world $78 billion a year. When you add hate speech, disinformation, and misinformation, the indirect costs on society are immeasurable. These include: Misinformation and disinformation are eroding our ability to trust anything, and threaten the very fabric of civilized society. The World Economic Forum ranks the spread of misinformation and fake news as among the world's top global risks. Half of Americans view fake news as a bigger threat than terrorism. In a world where disinformation flows virally, knowing who and what to trust is more important than ever.
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☑️ On a mission to give everyone a better understanding of online content
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🚀 Raised from Mark Cuban, Biz Stone (co-founder of Twitter), Craig Newmark (Founder, Craigslist)
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🤝 Built by top PhDs from the University of Cambridge, Amazon, Microsoft, UCL, Google, and more
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👨‍💻 The first startup to block fake news in the ad tech market both for SSPs and DSPs
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🧠First UK government-approved tool to detect disinformation (G-Cloud 11 framework)
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🔖 10 US patents pending on methods to score content for reliability and safety using experts +. AI

valuation cap: $6,000,000

raised: $401,718

Investors: 445

Min. Investment: $100

Pre-Money: $6,000,000

Min. Goal: $50,000

Max. Goal: $1,070,000

Started: 10/16/23

Ends: 04/29/24

Avg. Investment: $902.74

Last Funded: 423 Days ago

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factmata

Scalable AI to combat the spread of fake news online

Raised: $401,718

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valuation cap: $6,000,000

raised: $401,718

Investors: 445

Min. Investment: $100

Pre-Money: $6,000,000

Min. Goal: $50,000

Max. Goal: $1,070,000

Started: 10/16/23

Ends: 04/29/24

Avg. Investment: $902.74

Last Funded: 423 Days ago

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