Cybersecurity’s AI Battle: Doppel Takes the Lead Responding to a 300% Increase in Social Engineering Threats

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,

, as reported by industry analysts. This capital will help Doppel further advance its AI platform, that take advantage of generative AI technologies.

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

and Fortune 500 firms, . Doppel intends to broaden its services to offer real-time threat mitigation and to collaborate with cloud providers, integrating its solutions into business operations.

By comparison,

, Inc. (VRSN) has opted for a more defensive strategy, while keeping its dividend yield at 1.2%. over the past three months, with company leaders cutting their stakes by as much as 8.04%. Despite these moves, , thanks to its critical role in internet infrastructure and domain registration services.

The semiconductor industry also delivered mixed signals.

increased its quarterly dividend to $0.9678 per share, showing confidence in its 26.97% payout rate. On the other hand, have trimmed their positions in TSMC, reflecting caution amid ongoing global supply chain challenges.

C3.ai Inc. (AI), which develops AI-based enterprise applications,

sold $8.3 million in shares through a pre-set trading arrangement. via a Form 144 submission, in light of a 20% year-over-year drop in revenue.

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."

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