Key facts
- Savi Security launched a new app to detect and block AI-generated scams.
- The app is available for iOS and Android devices.
- The app uses AI to identify and prevent scams via text, email, or phone calls.
- Savi Security raised $7 million in seed funding.
- The company was inspired to create the app by a personal AI scam incident.
Savi Security has introduced a new application aimed at detecting and blocking advanced scams created using artificial intelligence. The app, which is now available for both iOS and Android devices, utilizes AI technology to identify and prevent scams that are delivered through various communication channels, including text messages, emails, and phone calls. The development of this technology was supported by a $7 million seed funding round that Savi Security successfully secured. The company stated that the inspiration for creating this anti-scam solution came from a personal encounter with an AI-powered scam. This initiative addresses the growing threat of AI-generated fraudulent activities that are becoming increasingly difficult to distinguish from legitimate communications.