Mithril Security Raises €1.2M to secure LLM Users' Data
Summary
In a few months, ChatGPT, along with other Large Language Models (LLMs) like Whisper, MidJourney, GPT4, Bard AutoGPT, GitHub Copilot, and many others, have already become the assistants of our most boring tasks and are infiltrating the heart of companies.But if anyone can use them anyone can freely share their data with them. Mithril Security raised 1.2M for BlindBox, an open-source tool addressing data privacy concerns in AI and Large Language Models (LLMs). BlindBox ensures confidentiality by deploying LLM applications with confidential computing technology, protecting user data, and preserving intellectual property.The big difference between the GPT4 model (the better-performing version of the model powering ChatGPT) and the Google Search Bar is that GPT4 requires much more data from companies and other institutions in order to leverage its full capabilities. We want to address a global customer base and strengthen our commercial presence in both North America and Europe - which is why our CEO Daniel Huynh left a few months ago for California. We help companies protect their sensitive data when leveraging LLM SaaS solutions, enabling them to innovate quickly while preventing leakage risks.