Mar 28, 2025

ID Tech March 28, 2025 Welcome to the newest edition of ID Tech’s AI update. Here’s the latest big news on the shifting landscape of AI and identity technology OpenAI has integrated image generation into its flagship 4o chatbot model. The feature not only offers more accurate images (with respect to prompts, such as “recreate this image in the style of Studio Ghibli anime”), but also allows the chatbot to dynamically alter images through conversational inputs from the user. OpenAI has also relaxed its censorship guidelines in a bid to give users more creative control. The AI titan is close to finalizing a new $40 billion funding round led by SoftBank, which would be the largest venture capital round in history and nearly double its valuation , bringing it to about $300 billion. As for its actual business, OpenAI is now expecting to triple its revenues to $12.7 billion this year. But it doesn’t expect to be cash flow positive until 2029 . The European Commission will invest 1.3 billion euros (about $1.4 billion) in AI, cybersecurity, digital skills, and its EU Digital Identity Wallet over the next couple of years. The funding was announced today as part of the EU’s Digital Europe Programme for 2025-2027. Henna Virkkunen, the Commission’s digital head, framed the effort as crucial to “ensuring Europe’s technological independence.” China will invest more in chipmaking equipment than any other nation this year, according to a new analysis from international industry association SEMI. China is expected to invest $38 billion in chipmaking tools this year, which would actually be a 24 percent decline from 2024—but still more than any other region. Synthesia is offering shares to the actors used for its synthetic digital avatars, which are used in professional videos across a range of industries. Some actors’ digital deepfakes have become uniquely popular, and Synthesia wants to get them even more involved in its platform and reward their contributions to its success. DeepSeek dropped another open source surprise this week, updating its V3 AI model, the predecessor to its R1 model that stunned the AI market earlier this year. V3 briefly became the top-performing non-reasoning model , only to be eclipsed by OpenAI’s upgraded 4o model a couple of days later. The Bot Company has reached a valuation of $2 billion thanks to a $150 million funding round led by Greenoaks. Co-founded by former Cruise CEO Kyle Vogt last year, The Bot Company is working on AI-powered robots for household chores. It hasn’t yet released a prototype or generated any revenues. The chatbot’s take: This week, we’re testing 4o’s new image generation skills. – Partners FaceTec’s patented, industry-leading 3D Face Verification and Reverification software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ finally make trusted, remote identity verification possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for 3D Liveness and Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com Oz Forensics is the independent private vendor of robust, technology-based, and AI-powered liveness detection and face-matching solutions founded in 2017 and headquartered in Dubai, UAE. We confirm the security level of our solution by certifying the ISO-30107 Level 1 and 2 standards. https://ozforensics.com/ Keyless is the leader in privacy-preserving biometric authentication, trusted by banks, fintechs, crypto platforms, and gaming companies to reduce account takeovers, secure high-risk actions, and improve operational efficiency. Available via app and web, its unique Zero-Knowledge Biometrics™ technology delivers multi-factor authentication in one glance in 300 milliseconds without storing biometric data anywhere. Keyless is ISO 27001 and ISO 30107 accredited and is the only company to hold both FIDO Biometrics and FIDO2 certifications. Find out more AuthenticID provides 100% automated identity verification and fraud detection solutions that are leveraged by companies worldwide, including 2 of the top 3 U.S. Banks, 8 out the top 10 wireless providers in North America, and 2 of the 3 credit bureaus. Using proprietary computer vision and machine learning technology, these solutions help companies accurately verify the identity of their users across retail, digital and call center environments for onboarding and ongoing re-authentication events; KYC, IAM, and more. The solutions are easy to integrate and provide customers a large ROI by stopping fraud losses, increasing customer conversion at onboarding, reducing operational costs and allowing quick and cost-effective operational scalability, all while ensuring global privacy regulations are complied with. https://www.authenticid.com/ Founded in 2007, Lakota Software Solutions is an American company with a world-renowned reputation for developing robust biometric software and systems. Our vendor-agnostic products are tailored to ensure compliance with ANSI/NIST-ITL standards and EBTS specifications, facilitate seamless integration with other biometric systems, and optimize accuracy, cost-effectiveness, and scalability. https://lakotasoftware.com/ Identity Week aims to be a significant identity industry catalyst. It’s our mission is to help accelerate the move towards a world where trusted identity solutions enable governments and commercial organisations to provide citizens, employees, customers and consumers with a multitude of opportunities to transact in a seamless, yet secure manner. All the while preventing the efforts of those intent on doing harm. https://identityweek.net/ The Biometric Digital Identity Prism is a market landscape framework designed to help influencers and decision makers understand, innovate, and implement digital identity technologies and solutions. This innovative framework for understanding and evaluating the rapidly evolving biometric digital identity marketplace is the only market model that is truly biometric-centric based on the foundational conviction that in the age of digital transformation the only true, reliable link between humans and their digital data is biometrics. https://www.the-prism-project.com