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Reliance Industries chairman Mukesh Ambani launches his AI trading app, developed in partnership with Elon Musk’s team.
Newschecker first ran a keyword search for “Mukesh Ambani Elon Musk trading app”, which did not lead us to any credible news reports about such a venture.
We noticed that the lip movements of Ambani did not completely match the words, raising our doubts on whether it was digitally manipulated.
We then ran a reverse image search of keyframes of the video, which led us to multiple news reports, seen here, here, and here, sharing a similar video and stating that Reliance Industries Chairman and MD Mukesh Ambani was speaking at the 50th Golden Jubilee India Gem and Jewellery Awards on March 30, 2024. At no point in his speech did Ambani promote or launch an AI trading platform.
Newschecker then ran the video past an AI content detection tool, TrueMedia, which stated there was “substantial evidence of manipulation”.
We also ran the video past Deepware, a community-driven open-source deepfake detection tool, which said it was “suspicious”, thus confirming that the viral video was AI manipulated.
Newschecker then ran the link, attached to the viral Facebook post, past Scam Detector, a major online fraud prevention resource, which stated that the website was “Questionable. Minimal Doubts. Controversial.”.
“The algorithm detected possible high-risk activity related to phishing, spamming, and other factors noted in the Questionable. Minimal Doubts. Controversial. tags above. Long story short, we recommend using caution when using this website,” read the review, which confirmed that the viral link was dubious.
Previously, Newschecker had debunked a similar deepfake video of Ambani, purportedly endorsing a stock market forum, leading users to malicious websites.
Also Read: 2024 Lok Sabha Poll Results: NCP(AP) Candidate, Not BJP’s, Got 201 Votes In Lakshadweep
Sources
Youtube video, CNBC-TV18, March 30, 2024
TrueMedia detection tool
Deepware
Scam Detector
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Kushel HM
February 12, 2025
Runjay Kumar
February 10, 2025
Kushel HM
February 10, 2025
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