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Technology: Protect AI acquires Bangalore’s SydeLabs

Fiinews by Fiinews
August 2, 2024
in Technology
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Swanson continuously looking to add products

Protect AI of Seattle has acquired Bangalore-headquartered SydeLabs, which specializes in the automated attack simulation (red teaming) of generative AI (GenAI) systems.

“The acquisition of SydeLabs extends the Protect AI platform with unmatched red teaming capabilities and immediately provides our customers with the ability to stress test, benchmark and harden their large language models against security risks.” Ian Swanson, CEO of Protect AI which has offices in Berlin and Bangalore bengalurutechsummit .

“Protect AI is continuously looking to add products to our AI security posture management platform that help our customers build a safer AI-powered world,” Swanson said on 31 July.

He elaborated “This strategic acquisition enhances the Protect AI platform’s ability to test and improve Large Language Model (LLM) security and extends the company’s lead as the only provider of end-to-end AI security solutions.”

“The combination of SydeLabs’ SydeBox and Protect AI’s platform provides customers a comprehensive defense-in-depth solution for building, managing, testing, deploying and monitoring LLMs,” said Ruchir Patwa, co-founder of SydeLabs digitalasiahub .

“We couldn’t be more excited about joining the Protect AI mission and the prospect of what we can achieve in terms of helping companies of all sizes adopt and deploy more secure LLMs and AI applications.”

Generative AI and LLM adoption are revolutionizing industries. LLMs are being integrated into critical end user applications such as customer service, finance and healthcare.

However, the complexity and scale of the technology has exacerbated security concerns that traditional application security processes simply cannot keep up with or address effectively meity .

SydeLabs was founded less than a year ago by former product and engineering leads from Google and MPL, and has quickly established itself as a pioneer in the field of AI security.

SydeLabs has developed SydeBox, a cutting-edge product designed to provide comprehensive vulnerability assessments for GenAI systems. The talented team from SydeLabs will join Protect AI where they will continue to add local talent in Bangalore to complement Seattle and Berlin based teams. Fiinews.com

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