TrollWall AI acquires its competitor Elv.ai in the field of online content moderation
The Slovak company TrollWall AI has acquired its competitor Elv.ai, which combines AI and human moderators against hateful comments. Elv.ai's clients included Economia, Prima, Refresher, Sparta, and the Czech Police. The acquisition price was not disclosed.
The Slovak company TrollWall AI has acquired its competitor Elv.ai, which focuses on moderating discussions and social networks using a combination of artificial intelligence and human moderators. The transaction price was not disclosed. The acquisition came half a year after TrollWall AI, according to available data, secured an investment of 800 thousand euros.
The Elv.ai company established itself on the Czech market two years ago, when it began monitoring comments on social networks for the Economia publishing house, Prima TV, Evropa 2, or Refresher. Its clients also included football club Sparta, the Czech Police, Slovak Markíza, Forbes, Heureka, and the European Commission. According to the company's data, it has processed more than 80 million comments since its founding; in July alone it was 2.3 million posts, of which it identified toxic content in more than 500 thousand.
TrollWall AI develops a tool that automatically detects and hides toxic comments on Facebook, Instagram, TikTok, and YouTube, can analyze sentiment in discussions, and helps prepare responses. It operates in 17 countries and, according to available data, counts the International Ice Hockey Federation, Ringier, or O2 among its clients. Following the acquisition, Elv.ai's clients will now use the TrollWall AI system.
Why it matters
The acquisition consolidates the market for online discussion moderation tools in Central Europe and directly affects specific Czech media outlets and institutions that have so far used Elv.ai and will now switch to TrollWall AI's technology.
Relevant practical impact
What this means
For a business
Czech clients of Elv.ai (Economia, Prima, Refresher, football club Sparta, the Czech Police) will now use the moderation system from TrollWall AI; the market for AI content moderation tools is shrinking through consolidation of players.
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Event sources
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