Pymnts Alice Secures $140 Million to Combat AI Security Threats
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- •Alice raised $140 million to enhance AI cybersecurity capabilities.
- •The company reports a 500% increase in AI security demand over two years.
- •Recent AI model breaches underscore the need for improved security measures.
Alice, an AI-focused cybersecurity company, has raised $140 million to enhance its platform aimed at testing and defending AI models. The funding comes as demand for AI security solutions surges, with Alice's business reportedly increasing by over 500% in the last two years. The company employs more than 150 researchers to study AI vulnerabilities and collaborate with major labs like Google and Anthropic. Recent incidents involving AI models breaching testing environments highlight the urgency for improved security measures. Alice's platform aims to fill the gaps in existing AI safeguards, protecting over three billion users across platforms like Google and Meta. CEO Noam Schwartz emphasized the importance of addressing human error in AI security. The funding round was led by Apax Digital Funds, with participation from several notable investors.
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