Apate sends AI agents undercover to get scammed so they can gather fraud intelligence | TechCrunch

The short version

Apate.ai utilizes AI agents to engage scammers, gathering intelligence to help combat fraud. The startup presents a novel approach to scam detection by wasting scammers' time and uncovering critical data.

Key takeaways

• Apate's agents have engaged in 2.5 million conversations with scammers.
• Companies like banks use the gathered info for anti-fraud strategies.
• Apate raised $8.15 million for expansion to international markets.

Overall sentiment

The article highlights innovative measures to combat fraud, showcasing success in engaging scammers and improving customer outcomes.

AI classification of the article’s tone. Coverage primarily focuses on Apate.ai's approach and achievements in fraud detection.

Sources cited by the article

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• received ↗
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