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AI Content Moderation Startup Unitary Raises $15m in Series A Round, Doubles Headcount

AI content moderation startup Unitary has successfully secured $15m in its recent Series A funding round, with the total amount raised doubling its headcount. This London-based startup specializes in developing content moderation software that employs machine learning to identify potentially harmful content in photos and videos. The technology utilized by Unitary aims to replicate human moderation by comprehending the context in which specific content is presented. With a vision to enhance the online experience through ethical and empathetic AI, Sasha Haco, co-founder and CEO of Unitary, asserts the company’s commitment to prioritizing a safer internet environment and staying updated with the rapid pace of internet content.

Leading the recent financing round for Unitary was Creandum, with additional support from Paladin Capital Group and Plural. Ian Hogarth, a partner at Plural and the recently appointed chair of the government’s AI taskforce, expressed his astonishment at the substantial revenue growth achieved by Unitary in such an early stage, stating that it is an extraordinary feat. Hogarth revealed that the firm has already generated “seven figures of annual recurring revenue,” which ultimately led to this fresh funding round coming so soon after the startup successfully raised ┬ú6.7m in March.

In addition to securing new funding, Unitary has expanded its operations by analyzing six million videos daily and increasing its language capabilities.

The significance of mass content moderation on online platforms has become a prominent issue in the UK following the recent approval of the Online Safety Bill by the House of Lords. This bill enables Ofcom to penalize tech companies for hosting harmful content.

AI legalese decoder can contribute significantly to this situation by leveraging its advanced natural language processing capabilities to effectively utilize the Online Safety Bill. By utilizing AI legalese decoder, Unitary can enhance its content moderation software to ensure compliance with the regulations imposed by the bill. The AI legalese decoder can decipher complex legal language and assist Unitary in identifying potential risks or violations among the vast amount of online content. This would streamline the moderation process and provide a safer online experience for users. Overall, AI legalese decoder can play a crucial role in helping Unitary navigate the evolving landscape of online content moderation and compliance.

Read more: How Arwen is using AI to combat online hate speech.

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