Monday, February 05, 2018
Factmata Company aims to use artificial intelligence to weed out fake news By Jeremy Kahn Twitter Inc. co-founder Biz Stone and Craigslist Inc. co-founder Craig Newmark are investing in London-based fact-checking startup Factmata, the company said Thursday. It declined to disclose either the amount of the investment or the valuation of the deal. "It's critical for societal progress to proactively address misinformation," Stone said in a statement provided by Factmata. He said the company is "approaching the issue with exactly the right combination of big thinking, focus, and cutting-edge science."
Factmata aims to use artificial intelligence to help social media companies, publishers and advertising networks weed out fake news, propaganda and clickbait. The company says its technology can also help detect online bullying and hate speech. ...
Factmata is using natural language processing to assess the actual words, including the logic being used, whether assertions are backed up by facts and whether those facts are attributed to reputable sources.
Factmata is planning to launch its own news service later this year. "We want this to be a news platform that is enjoyable and the best place to read news on the internet," Ghulati said. He said he doubts people will use Facebook as their main source of news in five to 10 years.
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