Apate.ai uses AI agents posing as victims to extract data from scammers
Apate.ai, an Australian startup spun out of Macquarie University research, deploys AI agents that pose as potential scam victims across calls, texts, emails and social media. The agents try to keep fraudsters talking long enough to extract details like bank accounts, crypto wallets, phone numbers and phishing sites. Apate says its agents have logged 2.5 million conversations and wasted an estimated 17 years of scammers' time, with the gathered intelligence sold to banks, telecoms, utilities and government agencies.