The company says it aims to plug “gaping security holes” in conversational AI, with chatbots now used by more than 1.5 billion people globally.<\/p>\n
It has built what it describes as an advanced security platform called Probe which can identify vulnerabilities in chatbot systems before they are exposed by cyberattackers.<\/p>\n
Angel investors including David Politis, founder of BetterCloud, and Elad Schulman, whose company Segasec was sold to Mimecast, have also invested in SplxAI’s pre-seed round.<\/p>\n
<\/div>\n
The issue of AI chatbot security has become increasingly critical as their use has exploded in recent years.<\/p>\n
Many large companies now use them in place of armies of customer service agents, although their effectiveness is often mixed.<\/p>\n
A number of tech giants, including Microsoft and OpenAI, whose ChatGPT system is the world’s most prominent of its kind, have been the subject of data breaches and other cyberattacks.<\/p>\n
SplxAI said it had recently been able to identify ‘content bias vulnerabilities’ with an IKEA AI assistant which demonstrated ethnic bias in its responses, risking both reputational damage and a loss of customer trust.<\/p>\n
The company was founded by Kristian Kamber, a sales executive, and Ante Gojsalic, an AI consultant.<\/p>\n
“We’re experiencing a paradigm shift in GenAI security, with huge implications for organisations that come under attack,” Mr Kamber, SplxAI’s chief executive, said.<\/p>\n
“As such, there is an ever-growing need for continuous, proactive security systems to keep a constant eye on conversational AI as it is used across businesses, and as a means of communicating with customers.”<\/p>\n
Research suggests that the market for generative AI security products is likely to grow from $7bn this year to $40bn by 2030.<\/p>\n
SplxAI’s new funding will be used to accelerate product development, and expand its workforce and operations, particularly in the US.<\/p>\n
Karol Lasota, a principal at Inovo.vc, said: “In the AI gold rush, sell shovels – Splx wants to be one of the key shovels in the GenAI space.<\/p>\n
“They make sure ‘shovels’, or in this instance chatbots, don’t break or act in a way that could be damaging.”<\/p>\n
Jure Mikuz, managing partner at South Central Ventures, said: “In GenAI-powered industries, cybersecurity tools are the guardians of innovation, shielding sensitive data from cyber threats that evolve as fast as technology itself.”<\/p>\n<\/p>\n
This post appeared first on sky.com<\/div>\n
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