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Refact aims to make code-generating AI more appealing to enterprises
Refact.ai, a code-generating platform powered by AI models that can be run offline, has raised $2 million in funding.
Companies including Apple, Samsung, Goldman Sachs, Walmart and Verizon have gone so far as to limit internal use of GenAI tools over fears of data compromise. “We’re developing better controls and processes around sources and uses of data, security and privacy as we’re aware of the challenges that [enterprises] face and want to ensure the integrity of our customers’ information and innovative breakthroughs,” Klimov said. Vendors like GitHub and Amazon have introduced settings and policies aimed at allaying the fears of companies wary of the IP challenges around their GenAI coding tools.
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