Cybersecurity Startup Nexusflow Raises $10.6M From Point72 Ventures, Fusion Fund

Zinger Key Points
  • Nexusflow received $10.6 million in seed funding for generative AI to revolutionize cybersecurity.
  • The company was founded by AI experts from the Berkeley AI Research Lab and an industry AI leader.

Nexusflow raised $10.6 million as part of a seed round led by Point72 Ventures, with participation from Fusion Fund and several artificial intelligence (AI) luminaries.

The startup was formed by AI experts Jiantao Jiao and Kurt Keutzer from the Berkeley AI Research Lab, along with AI leader Jian Zhang, who previously served as machine learning director at SambaNova Systems.

Nexusflow enables firms to own advanced AI models without risking their sensitive data to vendors.

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The Nexusflow Cybersecurity Copilot uses open-source Large Language Models (LLMs) designed to operate within the enterprise’s firewall.

The approach drops the vendor lock-in and grants companies total ownership and command over the model and data. In widely used security applications, the model boasts of 95% accuracy rate compared to 64% of GPT-4.

Nexusflow also launched its NexusRaven model, which will enable the production of fragmented data from various sources and software tools to streamline decision-making and security operations workflows.

Also Read: Goldman Sachs Is Bullish On Relx: Why It's A Generative AI Play

“Nexusflow specializes in curating high-quality data for data-centric AI. We also leverage our expertise in generative AI systems to ensure efficient implementation and scalability, resulting in significantly lower costs compared to OpenAI's GPT-4,” CEO of Nexusflow Jiantao Jiao commented.

Read Now: Amazon Web Services Now Offers Generative AI Tools For Businesses, Catches Up With Microsoft Azure, Google Cloud

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Image: Nexusflow founders Professor Kurt Keutzer from the Berkeley AI Research (BAIR) Lab and Professor Jiantao Jiao, along with industry AI leader Jian Zhang. (Photo: Business Wire)

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