AI 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 noticed 85% of corporate finance professionals now see AI scams as an “existential” threat and more than half of them have already been targeted by deep technology.

In the next two years, generative AI scams will be responsible for the surplus $40 billion in US losses alone. It is this growing threat that has fueled the development of AI or Not in the past year, serving more than 250,000 users to date, with a new injection of funding used to create more sophisticated methods. to identify misinformation online and ensure their devices stay ahead of emerging threats.

“In countless ways, we rely on our ability to see and hear to verify authenticity. With the advent of generative AI models, now we can’t be sure,” said Zach Noorani, partner at Foundation Capital, in a statement. “AI’s unique approach to AI detection solves this emerging problem. We are excited to support their mission to protect people, companies, governments, and assets at large from the risks posed by generative AI.

The AI ​​or Dili platform uses proprietary algorithms to identify and verify the authenticity of content, from AI-generated deepfakes pretending to be female politicians, deep voices used to simulate older AI-generated music that is already available on major streaming platforms.

As the recent backlash against companies like Meta highlights, public demand for reliability and transparency in digital content is growing. With its innovative tools, AI or Not is uniquely positioned to meet these challenges, helping users and businesses navigate the complexities of the AI ​​era while protecting trust in the digital world.

“Generative AI opens up incredible potential, but it also opens the door to devastating misuse that affects everyone from vulnerable individuals to global businesses,” said Anatoly Kvitnisky, CEO of AI or Not, in one statement. “This funding allows us to continue our mission to create a safer digital world by giving users the ability to detect and stop AI-driven fraud and misinformation before it happens. it’s harmful.”

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

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