Norwegian Startup Factiverse Tackles Disinformation with AI-Powered…

Sarah J · 2024-11-18T08:54:00.000Z

Factiverse, a Norwegian startup founded in 2020, is making waves in the fight against disinformation with its innovative AI-powered fact-checking tool. The company, which recently won best pitch in the Security, Privacy, and Social Networking category at TechCrunch Disrupt Battlefield 200, has developed a business-to-business solution that provides live fact-checking for text, video, and audio content. Led by CEO and co-founder Maria Amelie, a former technology journalist, and CTO Vinay Setty, an associate professor in machine learning at the University of Stavanger, Factiverse has raised $1.45 million in pre-seed funding. The startup has already secured partnerships with media outlets and financial institutions, including one of Norway's largest banks. Factiverse's AI model, which differs from traditional large language models (LLMs), is trained on high-quality, credible data from reliable sources and fact-checkers worldwide. The company claims its technology outperforms GPT-4, Mistral 7-b, and GPT-3 in identifying fact-check worthy claims across 114 languages, with a success rate of around 80% in determining claim veracity. The startup's model uses machine learning and natural language processing to identify claims and search the web in real-time, drawing from various sources including search engines and academic papers. Factiverse's approach focuses on proposing the most credible sources on a given topic, considering domain relevance and the credibility of quoted individuals. As disinformation continues to be a pressing issue, particularly in the wake of the 2024 U.S. presidential election, Factiverse aims to help businesses mitigate reputational risks and legal liabilities. The company plans to raise a seed round in 2025 and is actively seeking customers and investors interested in promoting trust and credibility in the digital landscape. https://techcrunch.com/2024/11/17/norwegian-startup-factiverse-wants-to-fight-disinformation-with-ai/

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Norwegian Startup Factiverse Tackles Disinformation with AI-Powered… | SEINET