Source: Benzinga

Intmax: AI for U and INTMAX Announce Partnership to Enhance Data Security in Generative AI

Tokyo, Japan, July 29th, 2024, Chainwire AI for U, a leading AI company in Japan, and INTMAX Stateless Ethereum Layer 2, announced a strategic partnership today aimed at enhancing data security for generative AI. By leveraging INTMAX's advanced cryptography and privacy technology, AI for U will provide secure encrypted Retrieval-Augmented Generation (RAG). This will significantly reduce the risk of data breaches and unauthorized access for businesses and individuals using generative AI. Challenges Faced by Businesses Many companies face significant challenges regarding data security and privacy when using generative AI, particularly when handling sensitive information. The risk of data leakage and unauthorized access is a major concern, impacting regulatory compliance and customer trust. Introducing Encrypted RAG This partnership allows AI for U to integrate INTMAX's cryptographic technology into their RAG model. RAG enhances generative AI performance by retrieving information from external knowledge databases and incorporating it into the generation process. Encrypting this data prevents information leaks and protects user privacy. Advantages of INTMAX's Technology INTMAX's team employs cutting-edge technologies like Zero-Knowledge Proofs and Homomorphic Encryption to ensure data integrity and confidentiality. This allows for data processing while it remains encrypted, minimizing security risks. Stateless approach allows to make the system most efficiently scalable regardless of number of users and private at the same time. Shunsuke Hayashii Co-Founder of AI for U's: "With the evolution of generative AI, data security is increasingly important. Our partnership with INTMAX ensures the highest level of security for our clients, enabling reliable generative AI solutions." Leona Hioki Co-Founder of INTMAX : "Our encryption technology is highly regarded by global companies. Through our collaboration with AI for U, we aim to further enhance data security in generative AI usage, providing a secure environment for more users." Expected Impact The encrypted RAG provided through this partnership is expected to significantly contribute to protecting corporate and personal information. AI for U and INTMAX are committed to offering secure and reliable generative AI solutions, reinforcing their cooperation in this mission. About AI for U AI for U Co., Ltd. is a leading generative AI technology company based in Japan, committed to democratizing AI. Company provides AI solutions and education tailored to various industries, supporting businesses in their AI transformation efforts. For more details: https://www.ai4u.co.jp/ About INTMAX INTMAX, built as the Stateless Ethereum Layer 2, is private and scalable regardless of the number of users. This makes INTMAX a key driver for Ethereum and blockchain adoption, as the team has bridged the gap between the convenience of Web2 solutions with its client-side data storage and execution on one side and the decentralization and security of Web3 technology on the other side. For more details: https://www.intmax.io/ Contact Sergei Medvedev sergei@intmax.io Market News and Data brought to you by Benzinga APIs © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Est. Annual Revenue
$100K-5.0M
Est. Employees
1-25
Leona Hioki's photo - CEO of Intmax

CEO

Leona Hioki

CEO Approval Rating

90/100

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