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AI is a data problem. Cyera is raising up to $300M on a $1.5B valuation to secure it
A cybersecurity startup called Cyera is betting that the next big challenge in enterprise data protection will be AI, and it's raising a big round of
First, it underscores how cybersecurity — despite wider pressures in the technology economy and the venture market — continues to attract business, investors and big checks — even from firms like Coatue that have pulled back from some of their more exuberant bets. Startups like OpenAI and Mistral continue to attract mega investments to build out large language models, and it’s rare to find an organization today that’s not evaluating how to use more AI in its business. Yes, AI is being weaponized by malicious hackers to crack into networks, and it’s helping cybersecurity companies (like Cyera itself) to fight bad actors and get a better grip on enterprise data.
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