The generative AI-based fact-checking company founded by two Humane.AI expats is on its method to the race with $4 million in seed funding. The first round led by Bee Partners includes a16z's Scout Fund, Alumni Ventures and FJ Labs. Infactory is valued at $25 million.
The San Francisco startup was exposed in a TechCrunch article in July. One of the more notable elements of the story was Brooke Hartley Moy and Ken Kocienda's decision to tackle a struggling Humane. Kocienda previously worked as a software developer for Apple's iPhone for 15 years. In addition to co-founding the corporate, Hartley Moy and Kocienda also function CEO and CTO, respectively.
Infactory's use of generative AI, though the technology is red-hot, has undoubtedly piqued investor interest. So does its promise to deal with the very real problem of online fact-checking.
The young company is quick to indicate how large language models (LLMs) will be used on its platform. In particular, they’re used to find out the intent of natural language searches, somewhat than the outcomes themselves. Finally, the black box nature and built-in biases of huge models are at odds with the aim of a fact-checking service. Questionable twin search results are clear evidence of this phenomenon.
As Hartley Moy told TechCrunch in July, deciding which sources to prioritize relies on an intensive review.
“Our goal here is to be selective from a partnership perspective,” she noted on the time. “Not all data partners are the identical. I believe the explanation we focus more on the information providers than the content providers is because with things which can be more computer-based and more fact-based, the purpose is that their job is to be sure that these items are correct.”
The recent round of financing will likely be used to expand the team and speed up Infactory's market launch.
