Factiverse AS specializes in fake news detection and stop misinformation propagation, and the company is a spin-off from the University of Stavanger. Factiverse was established in 2020 with Validé as one of the owners, and with funding from the FORNY2020 program and Plogen. The fact checking is done using cutting edge machine learning, artificial intelligence and natural language processing techniques based on research by Prof Vinay Setty. Fake news is a major threat to society, financial markets and governments. Fake news has affected elections, caused riots and put in risk of pandemics such as SARS-Cov-2 (Covid-19). The problem in these cases are amplified because there is no easy way for people to verify information and access evidence which classifies the information as reliable or misinformation. To address this issue, we solve the following problem. Given a claim in the form of a textual claim. For example, "Covid-19 can be cured by drinking bleach" the goal is to analyse the evidence from reliable sources such as scientific journals, articles and reports to disprove this fact. In addition to classifying the fact as true or false, the goal is also to retrieve the evidence textual snippets from these sources and highlight the reasons why the claim is true or false. In this project Factiverse explores various business models, b2c or b2b: 1. B2C products include: (a) A browser extension and a mobile app where the users can fact check the news or information they are reading. (b) A VPN style service which facts checks all information that is passing through a browser or the whole system which highlights the facts which are not reliable. 2. B2B products include (a) Fact-checking-as-a-service (FAAS) which allows businesses to submit textual claims and get them fact checked. (b) Intelligent text editor for reporters and journalists (c) fact checking for financial markets, algorithmic trading and for online advertisement placement.
Project leader: Vinay Jayarama Setty
Institution: FACTIVERSE AS