LeadStory, an innovative on-demand news streaming platform, has secured $2.75 million in seed funding to enhance AI-driven video search capabilities and expand its global audience of 10 million.
The funding round was led by Checker Media, founded by former Deputy Media Global President Jesse Angelo, with participation from the Horizon Fund of the American public media group and subsequent investments from CP Ventures.
When AI becomes a part of everyday life, Hallucinations News streaming presents major challenges. LeadStory addresses this by replacing unreliable text responses with licensed video content from major news brands.
The platform has partnered with major media outlets such as CBS, CNBC, Reuters and Euroneus, further establishing its position in the AI-driven news market. LeadStory's popular high speed channels are available in North America on Samsung TV Plus and Vizio. Additionally, it has been chosen by Mercedes-Benz to enhance the in-car video news experience and mark a key step in car expansion.
Important Quotes:
“We're here in the age of AI-powered search, but when it comes to video news, the results of existing platforms are disastrous. The lead story solved important and growing ecosystem problems by getting people accurate answers from reliable sources.”
Jesse Angelo, CEO of Checker Media
“This solves the hallucination issue that AI could not fix when it comes to news responses. Answering the user's questions with the exact points of the broadcast news story means that it is not always an AI hallucination by ensuring that the user can trust the answer, as the response has been confirmed.”
Cam Price, former television journalist, CEO and co-founder of LeadStory
“We're right when we start a user-driven move towards voice activation, AI search. When it comes to video emerging, we just start what we can with AI.”
Cheyne Wallace, former Upguard software engineer, co-founder of LeadStory
