Cybersecurity’s AI Battle: Doppel Takes the Lead Responding to a 300% Increase in Social Engineering Threats
- Doppel raised $70M in Series C funding at $600M+ valuation to combat AI-powered social engineering attacks, which have surged 300% annually. - The AI platform uses machine learning to detect anomalies like deepfake voice modulation and AI-generated phishing emails in real-time. - While Doppel expands partnerships, VeriSign and C3.ai face scrutiny over stock sales and declining revenues amid AI adoption risks. - Doppel CEO Alex Johnson warns that AI security tools risk becoming vulnerabilities themselves
Doppel, a cybersecurity company focused on AI-powered threat detection, has raised $70 million in Series C funding, pushing its valuation above $600 million. The investment round, led by unnamed backers, highlights increasing worries about AI-driven social engineering threats,
The firm’s system uses machine learning to examine communication behaviors, spotting irregularities such as altered voices in calls or AI-created content in emails. Doppel’s products are
By comparison,
The semiconductor industry also delivered mixed signals.
C3.ai Inc. (AI), which develops AI-based enterprise applications,
The differing outcomes for these companies illustrate the double-edged sword of AI integration. While Doppel and Citigroup are pouring resources into AI to boost security and productivity, firms like C3.ai and VeriSign are contending with the pitfalls of heavy dependence on emerging technologies. As Doppel CEO Alex Johnson remarked, "The battle against AI-enabled threats is just starting. The next challenge is making sure our defensive tools don’t become weaknesses themselves."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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