Prime Highlights-
- Wa’ed Ventures invests in Resemble AI, supporting AI voice technology and deepfake detection in real time.
- The platform helps businesses and organizations spot and prevent deepfake threats quickly and safely.
Key Facts-
- Resemble AI raised $13 million in December with backing from Google’s AI Future Fund, Sony Innovation Fund, Javelin, and Ubiquity.
- The investment strengthens Saudi Arabia’s digital and AI technology, helping businesses and government offices protect data and work more securely.
Background-
Wa’ed Ventures, the $500 million investment arm of Saudi Aramco, has invested in Resemble AI, a U.S. based company that develops AI voice technology and tools to detect deepfakes in real time. Resemble AI raised $13 million in December with support from Google’s AI Future Fund, Sony Innovation Fund, Javelin, and Ubiquity.
The company’s AI tools help businesses and organizations find and stop deepfake scams. These tools are already making companies safer and are expected to prevent problems in the future.
Saudi Arabia has been strengthening rules to fight online misinformation and cybercrime, including the Anti-Cybercrime Law, which protects public safety and national interests. “At Wa’ed Ventures, we don’t just fund companies. We help them grow and succeed globally while supporting Saudi Arabia’s goals,” said Anas Al-Gahtani, CEO of Wa’ed Ventures. “Resemble AI’s technology ensures AI is safe and reliable for businesses and governments.” Resemble AI noted that AI-driven threats are increasing in the Middle East.
Its platform can be used on the cloud or on local servers, allowing organizations to spot threats quickly while keeping important data safe. The investment is expected to boost innovation in Saudi Arabia.
The investment will help businesses and government offices keep their information safe and work more securely. It also helps Saudi Arabia grow its digital and AI technology and use AI in a safe way.
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