5 years ago
UK Startup Logically Raises €2.7 Million to Combat Fake News Ahead of US Election
Logically, a UK-based startup that uses AI to combat fake news, raised €2.7 million in July to expand its operations ahead of the US presidential election
The company, based in Brighouse, West Yorkshire, has seen a surge in demand for its services as misinformation has become increasingly prevalent online
Logically's CEO, Al Baker, says that the company is working to combat misinformation on social media platforms like WhatsApp, where he believes a significant amount of false information is shared
The company also fact-checked the US presidential debates and has been downloaded over 100,000 times.
ProblemTechnology
"People are increasingly consuming misinformation online and it is hard to tell what is real and what is fake."
Solution
"Logically is a fact-checking platform that uses AI and human experts to analyze online information and determine its accuracy. This helps users make informed decisions about the information they are consuming."