The ultimate goal of Channel 1 is to launch an app that delivers a personalized news feed. However, its first iteration will be a free ad-supported streaming television (FAST) channel, where a few hours of news repeat on a loop. The startup, which currently has ten employees and is entirely self-funded, is in talks with investors and plans to begin larger fundraising efforts soon. The founders believe that despite potential misuse and fraud, their platform can be a responsible choice in the AI news landscape.
Key takeaways:
- A startup called Channel 1 is planning to launch a service delivering curated news content written by AI and delivered by artificial anchors.
- The LA-based virtual station claims all news it presents will be fact-checked by humans to ensure accuracy before being placed in the virtual mouths of its artificial newsreaders.
- Channel 1 plans to source news from a variety of places including big-name news agencies, a network of vetted independent journalists, and fact-based documents like government reports, SEC filings and court cases.
- The ultimate goal of Channel 1 is to launch an app that delivers personalized news feed, but its first iteration will be a free ad-supported streaming television (FAST) channel, with plans to launch in spring 2024.