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Truecaller tackles AI voice cloning with new tech

Truecaller AB, a Swedish app developer, has launched new technology to address the growing issue of AI-generated voice cloning used by scammers.

Its caller ID and spam-blocking app now analyzes callers’ voices to identify computer-generated imitations.

Truecaller is also using technology from its 2022 acquisition of CallHero Ltd. to enhance its anti-cloning efforts and is exploring further AI acquisitions.

Voice cloning scams, which deceive victims into sharing sensitive information or making transactions, have increased due to the rise of generative AI tools.

India, which accounts for 70% of Truecaller’s revenue, has experienced a rise in digital crime as mobile phone usage expands.

The company has 433 million monthly active users globally and expects 2024 revenue of around 1.85 billions krona (US$167 million).

Recent Truecaller developments

Timeline
07-Nov-2024 🚀 Truecaller founders step back as new leader takes charge
  • Truecaller founders step back in January.
  • Rishit Jhunjhunwala to lead the company.
06-Oct-2023 📱 In 50 Words: Truecaller acquires India-based Unoideo to bolster fraud detection biz
  • Truecaller acquires Unoideo Technologies
  • Enhances risk intelligence tool for enterprises
19-Jan-2015 📞 Truecaller rival Holaa adds a Hoodle to help you analyze your phone behavior
  • Holaa app tracks caller behavior in India.
  • Six million searches for unknown calls in six weeks.
03-Dec-2014 📞 Truecaller comes out with lighter, smarter version after challenge from Holaa
  • Truecaller adds predictive features for users.
  • New version claims 30% decrease in app size.

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