In a rapidly evolving digital landscape, the use of AI tools such as ChatGPT, Gemini, Claude, and Llama is becoming increasingly common among organizations. However, the challenge of balancing the utilization of business information with the protection of sensitive data remains a crucial issue.
One company, Wald.ai, has recently launched a data loss protection platform to address this challenge. The platform, introduced on Dec. 10, offers contextual redaction, a process in which sensitive information is sanitized from interactions with AI assistants. By connecting businesses with AI assistants while securely managing confidential data and regulatory compliance, the Wald Context Intelligence platform aims to ensure the privacy and security of sensitive information.
Through intelligent data substitutions and redaction of sensitive or proprietary information, Wald.ai enables AI models to respond effectively while safeguarding confidential data. Importantly, the sensitive data is reinstated outside of the AI system before the end user receives the query response, ensuring maximum security and privacy.
In addition to protecting sensitive data, Wald.ai emphasizes the integration of generative AI into daily workflows, making it accessible, affordable, and seamless for users. The platform encrypts all user data end-to-end, ensuring that even Wald.ai cannot access the encrypted information. Moreover, organizations have the option to develop secure Custom Assistants using internal knowledge bases, further enhancing data security and customization.
Vinay Goel, co-founder and CEO of Wald.ai, underscores the importance of implementing user-friendly guardrails to enable employee productivity in the face of data leakage risks. The goal is to provide effective solutions that enable companies to leverage AI platforms without compromising data security.
Already making waves in various industry sectors such as healthcare, financial services, and legal, Wald.ai has garnered attention from companies like Kiavi and Suki. Kiavi, a provider of bridge loans to real estate investors, and Suki, a developer of AI-driven voice solutions for healthcare organizations, are among the early adopters of Wald’s platform.
Priced at $19.99 per user per month, Wald.ai’s platform is available as a software-as-a-service offering with a 14-day free trial for interested customers. Developers keen on exploring early access to the Context Intelligence API are encouraged to reach out to Wald.ai to discuss their specific use cases and requirements.
To further support its growth and development, Wald.ai recently announced the successful closure of a $4 million seed round, with funding from notable investors such as Inventus Capital, Entrada Ventures, and several angel investors. This financial backing will enable Wald.ai to continue innovating in the data protection space and expanding its presence in the market.
As the demand for AI tools continues to rise across industries, solutions like Wald.ai’s data loss protection platform play a vital role in ensuring the secure and responsible use of AI technologies. By prioritizing data security, privacy, and compliance, Wald.ai is poised to make a lasting impact in the evolving landscape of AI-driven business operations.