May 29, 2024 at 11:00AM Transcend, a data privacy startup, concluded a $40 million Series B funding round, bringing its total funding to $90 million. The funding was provided by StepStone Group, 01 Advisors, Accel, and other investors. Transcend, founded in 2017, offers a unified privacy and data governance platform, with 12 products, serving global … Read more
May 29, 2024 at 08:12AM San Francisco-based Zendata emerged from stealth mode, raising $2 million in seed funding from PayPal Ventures, First-hand Alliance, Geek Ventures, and Altari Ventures. The company offers no-code solutions for data security and AI governance, including a range of tools for identifying and managing privacy and data risks. Founded by Narayana … Read more
May 28, 2024 at 09:31AM Generative artificial intelligence (GenAI) is being adopted by over 55% of organizations, yet concerns remain about secure implementation. A recent poll found five main concerns, and recommends steps to ensure safe implementation. These include implementing a Zero-Trust Security Model, adopting Cyber Hygiene Standards, establishing a Data Security and Protection Plan, … Read more
May 21, 2024 at 08:06PM Top AI companies including Google, Meta, and OpenAI made voluntary safety commitments at the AI Seoul Summit, agreeing to pull the plug on their cutting-edge systems in extreme cases. World leaders also pledged to establish safety institutes and align their work on AI research. The meeting aims to address the … Read more
May 15, 2024 at 10:55PM U.S. and Chinese officials expressed concerns and perspectives on AI during closed-door talks in Geneva. The discussions revealed tension over technology and highlighted differing approaches to AI safety and risk management. The talks stemmed from a November meeting between Presidents Biden and Xi, signaling both countries’ concerns and ambitions regarding … Read more
March 22, 2024 at 12:48PM The General Assembly unanimously approved a historic United Nations resolution on artificial intelligence. The resolution, sponsored by the United States with 123 co-sponsors, aims to ensure AI benefits all nations, respects human rights, and is safe and secure. It emphasizes the need for global governance and consensus on safe and … Read more
February 8, 2024 at 01:02PM The potential of artificial intelligence (AI) to transform the way we work and live is widely recognized. However, there is a need for responsible and strategic implementation. Key priorities for 2024 include addressing the gap between AI advancements and regulations, mitigating bias, strengthening explainability, developing AI talent, and embedding AI … Read more
December 28, 2023 at 09:05AM In 2024, the rapid evolution of large language models (LLMs) like OpenAI’s GPT-4 and the upcoming GPT-5 poses significant security risks. Concerns include data leaks, potential misuse for malicious activities, and inaccurate outputs leading to negative consequences. Security experts stress the need for rigorous ethical considerations, risk assessments, and the … Read more
December 26, 2023 at 02:02PM Security professionals are excited about the potential of generative AI (GenAI) but express concerns about its impact. A survey by Dark Reading finds high awareness and concern about security risks, unauthorized use by employees, and the need for risk management tools in organizations. Respondents also highlight challenges in regulatory compliance, … Read more
November 1, 2023 at 07:09AM Frontier AI, the latest buzzword in artificial intelligence, is generating concern about its potential dangers and the need for safeguards. The British government is hosting a two-day summit on frontier AI, drawing officials from various countries and major AI companies. While some argue for immediate regulation, the UK maintains the … Read more