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Nullify Leverages AI to Address Skills Shortages in Application Security

2024-06-24 19:48:10.873000

Abu Dhabi's leading artificial intelligence firms, Core42 and the Technology Innovation Institute, have made significant advancements in their respective AI products. Core42 has introduced JAIS Chat, a bilingual chatbot available for download on iOS. The mobile app allows users to interact with the chatbot in both English and Arabic, and it also includes translation capabilities. Meanwhile, the Technology Innovation Institute has released an update to its large language model, Falcon 2, which has shown the potential to outperform competitors like Meta's Llama. Faisal Al Bannai, the Secretary General of the Advanced Technology Research Council, expressed pride in Abu Dhabi's ability to compete with the best players globally in the field of AI. [68f9430e]

In other AI news, Foundation AI, a leader in litigation document processing automation, has been ranked 37 out of 500 companies overall and 6 out of 101 companies providing Business Products and Software Services on Forbes' America's Best Startup Employers List of 2024. The list recognizes startups that display excellence in employer reputation, employee satisfaction, and growth. Foundation AI enables litigation firms and claims departments to leverage advanced AI models to organize data, streamline processes, and reduce costs. The company's success is attributed to its commitment to employee welfare and team cohesion, fostering a work environment conducive to innovation and growth. [927ce7eb]

Guardforce AI, a prominent AI company, has launched its LinguaBot solution in Thailand through a partnership with iApp Technology. LinguaBot enhances chatbot capabilities for concierge services, particularly in the travel sector. The solution aims to improve customer experiences by providing efficient and personalized assistance. Guardforce AI CEO Lei Wang emphasized the company's commitment to localizing and customizing robotic solutions to meet evolving needs. The launch event will also unveil two additional robotic solutions, focusing on bars and pubs, as well as event planning. [ee911eee]

edForce, an Indian workforce upskilling accelerator, is leveraging AI to enhance learning outcomes and course materials. The platform offers services such as learner engagement, training management, administration, lab provisioning, and delivery. It addresses the skills gap by providing comprehensive training and certification solutions for upskilling the workforce on AI and related technologies. CEO & co-founder Ravi Kaklasaria explains that edForce collaborates with industry giants like Infosys, Walmart, Siemens, Sony, and Microsoft, which provides access to cutting-edge technologies and resources. edForce aims to shape the future of workforce development by empowering individuals and organizations to thrive in the rapidly evolving digital landscape. [8358a655]

India's B2B Edtech major, Excelsoft, is experiencing significant demand for its AI-powered remote proctoring and assessment tools. The company launched a dedicated vertical called 'Ai-levate' to develop AI-powered apps and services. Within 12 months, Excelsoft's AI proctor has monitored close to 1.4 lakh tests and assessments for clients in India, US, UK, and the Middle-East. The AI-powered assessment tool has shown a 40% reduction in time for designing and generating online tests. Excelsoft plans to integrate Gen AI for developing interactive and smart e-learning content in the next 12 months. The company expects AI-driven products to contribute 10-20% to its top line. Excelsoft's AI-powered assessment solutions can develop adaptive and dynamic assessments, while its remote proctoring solution enables seamless monitoring of exams remotely at scale. The company aims to ensure the ethical and responsible use of AI in education. [a170a9a4]

Nullify, an Australian start-up, is leveraging its relationship with AWS to incorporate AI agents into application security teams. The start-up aims to help organizations lower the risk to their security by using AI to perform multiple levels of product security work. Nullify was chosen as one of 10 start-ups to take part in an AWS AI accelerator, which helped deepen its technical investments in AI. Being an AWS partner has allowed Nullify to access AWS security solutions architects to help make technology decisions and manage AI risks. Nullify is currently in product-building mode and plans to raise a funding round within the next six months. The start-up has already raised a $5.2 million seed round. However, Nullify has faced challenges in building AI to automate in Australia due to skills shortages. Sydney has a positive environment for building an AI engineering ecosystem, but it can be difficult to capture AI engineering talent. Nullify aims to contribute to shaping the future of defenders with AI and has an enterprise security team working alongside AI to create secure environments. The start-up believes there needs to be a balance of the scales in defense, as attackers are already using AI to perform more sophisticated attacks. Nullify's novel approach is to use AI to reduce the total amount of security work and automate workflows that are traditionally manual and human-intensive. The start-up is focused on providing a developer experience and has gained the trust of Australian enterprises. [f9b4badf]

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.