It’s no secret, readers: Generative AI is all the rage.
GenAI has taken center stage in virtually everything mainstream; casual hobbies, educational endeavors, enterprise-grade ventures, you get the idea. GenAI is capable of producing text, images, audio, videos, 3D models, and even programming intricate code – the list goes on. This has given way to what many believe is an entirely new chapter of our existence; how we use and interact with digital tools, how we grade them, how we take the complex and hand it over to GenAI’s support so complexities are rendered much simpler, more streamlined, and more engageable.
The long-story-short of it? GenAI has taken the world by storm, permanently altering how we work, communicate, and innovate.
And with a phenomenon as hot as this, there’s going to be news about it for years and years to come.
Take, for example, a recent development involving Nexusflow. Its teams are targeting gaps in the cybersecurity industry and harnessing GenAI to bolster security tenfold. “Democratize Cyber Intelligence with Generative AI” is the Nexusflow M.O., and now it has received a boost.
Specifically, Nexusflow recently announced that it has officially raised a $10.6 million seed round, led mainly by Point72 Ventures (with participation from Fusion Fund and several AI luminaries in Silicon Valley).
With this funding, Nexusflow aims to continue enabling enterprises to take charge of GenAI-fueled solutions; to synthesize fragmented data from various knowledge sources and software tools, and ultimately accelerate team decision-making and the modern safeguarding of security operations workflows. (Notably, Nexusflow also allows enterprises to own advanced AI models without the fear of sensitive data being leaked.) Nexusflow states that it achieves “an accuracy rate up to 95%.”
Responses that arose from this Nexusflow news include statements from Point72 Ventures and Fusion Fund:
“The team at Nexusflow bring what we think is an incredibly unique skillset to address the challenges cybersecurity enterprises are facing today,” said Sri Chandrasekar, Managing Partner at Point72 Ventures. “We believe they represent the next frontier of generative AI research and are thrilled to support them on their journey.”
“Nexusflow not only pioneers GenAI research, but also possesses deep expertise in delivering generative AI solutions to enterprises,” added Lu Zhang, Founder & Managing Partner at Fusion Fund. “We are thrilled to support their transformative impact on cybersecurity.”
Ideally, a sweet win-win scenario – AI advancements and reinforcements to cybersecurity at scale. Again, that’s the Nexusflow goal as it leverages its deep GenAI expertise to expand on cybersecurity as we know it.
Be part of the discussion about the latest trends and developments in the Generative AI space at Generative AI Expo, taking place February 13-15, 2024, in Fort Lauderdale, Florida. Generative AI Expo discusses the evolution of GenAI and feature conversations focused on the potential for GenAI across industries and how the technology is already being used to create new opportunities for businesses to improve operations, enhance customer experiences, and create new growth opportunities.
Future of Work Contributor
Intapp, a provider of AI-powered software for professionals in specialized industries, announced new features and a refreshed brand focused on its "In…
Akto recently launched its GenAI Security Testing solution to offer proactive security testing specifically designed for GenAI models and their APIs.
Quantive's new StrategyAI solution hones organizations' efforts for developing, executing, and evaluating smarter, "always-on" business strategies.
The Gen AI fabric platform aims to simplify and accelerate the development and implementation of GenAI applications, which lets businesses harness the…
Eric Vaughan delivered an in-depth keynote presentation on the latest technology revolution, catalyzed by artificial intelligence (AI).