Snapchat's parent company Snap has reportedly acquired AI Factory, an image and voice recognition startup for its deepfake-style technology.
As Variety notes, Snap used AI Factory's tech to build the newly released Cameos feature that allows users to insert a selfie onto a singing bird, a talking cat, even onto other people and share as a looping video.
Snap reportedly paid AI Factory USD 166 million under the deal.
Deepfake is a growing threat in the age of online bullying and harassment. With the technology getting perfected to the level of generating deepfake videos of even politicians, the US Congress is investigating to prevent fake news campaigns ahead of the 2020 US presidential race.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app