AI or Not, a platform specialized in detecting AI-generated content and deepfakes, has raised $5 million in seed funding. As reported by Dean Takahashi, the investment round was led by Foundation Capital with participation from GTMFund, Plug and Play, and angel investors. The company’s technology identifies AI-generated content across images, audio, and video to prevent fraud and misinformation. According to corporate finance professionals cited by the company, AI scams are now considered an existential threat, with potential losses exceeding $40 billion in the US within two years. The platform has served over 250,000 users to date. CEO Anatoly Kvitnisky states the funding will advance their mission of creating a safer digital world. The seven-person company employs proprietary algorithms to verify content authenticity, particularly focusing on deepfake detection in politics, voice impersonation, and AI-generated music.