Connect with us

Hi, what are you looking for?

Business

Fuel Ventures and Oxford Capital join forces with $1M backing for Egregious to fight AI-driven deception

In a move reflecting mounting concerns about disinformation and cyber threats, UK-based venture capital firms Fuel Ventures and Oxford Capital have co-led a $1 million pre-seed funding round in Egregious.

The pioneering company specialises in “Human AI” solutions designed to protect organisations against malicious deployments of artificial intelligence, including superhuman AI deception, disinformation and harmful content.

The funding, which follows warnings in the World Economic Forum’s Global Risks Report that disinformation remains a top global hazard, will bolster the development of Egregious’s advanced platform. Egregious’s solutions target a range of sectors, from national security and defence — with private and secure social media intelligence — to finance, corporate security, marketing, cybersecurity, and insurance.

By focusing on behavioural analysis and digital risk management, the firm seeks to arm enterprises, governments, and insurers with the tools to spot manipulative AI content and reduce systemic vulnerabilities. According to Egregious CEO and founder Rupert Small, PhD, this deal marks a “defence line for humanity,” enabling the company to counter the growing threat of AI-generated disinformation and narrative manipulation on social media platforms.

Mark Pearson, founder of Fuel Ventures, emphasised that Egregious’s expertise and dedication to tackling major societal challenges aligns with Fuel Ventures’ vision of spurring innovation. “Rupert and his team have demonstrated exceptional expertise and have an unwavering commitment to addressing some of the most critical challenges facing society today,” Pearson said.

Read more:
Fuel Ventures and Oxford Capital join forces with $1M backing for Egregious to fight AI-driven deception

    You May Also Like

    World News

    In the latest round of the conference hosted by the Stratbase ADRi Institute, “Enhancing Indo-Pacific Security: Philippines-South Korea Cooperation Strategies” on Sept. 20, experts...

    World News

    DHAKA — As more extreme rainfall hits South Asia leading to floods that do not recognize national borders, regional countries must work together more...

    World News

    WELLINGTON – Tens of thousands of New Zealanders rallied before parliament on Tuesday in one of the country’s largest ever protests to oppose a bill that opponents say...

    World News

    LONDON — Talks aimed at reaching a global agreement on how to better fight pandemics will be concluded by 2025 or earlier if possible,...

    Disclaimer: yourfuturemillion.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 yourfuturemillion.com | All Rights Reserved