Savi raises $7M to launch app shielding users from AI-powered scams

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Savi, a consumer protection startup, has raised $7 million in seed funding to combat increasingly realistic AI-driven scams, including fake kidnapping ransom calls. The company is launching its app simultaneously on iPhone and Android on Tuesday. The platform is designed to help everyday users identify and defend against sophisticated AI-generated fraud. As AI technology makes scam calls and impersonations harder to detect, Savi aims to fill a growing gap in consumer digital safety.

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