Market Research Report: Private AI
Company Overview
Name: Private AI
Mission of the Company:
Private AI’s mission is to build the privacy layer for software, ensuring the protection of personal data when used for beneficial purposes.
Founded:
Private AI was started by privacy and machine learning experts from the University of Toronto. Specific founding date information is not provided.
Founders:
- Patricia Thaine, Co-Founder & CEO
- Pieter Luitjens, Co-Founder & CTO
Key People:
- Patricia Thaine, Co-Founder & CEO
- Pieter Luitjens, Co-Founder & CTO
- John Stocks, VP of ML Partnerships
- Kory Fong, VP of Engineering
- Michael Young, VP of Product
- Toks Olaoluwa, VP Enterprise Sales
Headquarters:
428-192 Spadina Ave, Toronto, ON, M5T 2C2, Canada
Number of Employees:
No information is available.
Revenue:
No information is available.
Company Recognition:
Private AI has been recognized by industry leaders and publications, including being named a Gartner Cool Vendor in Privacy in 2023.
Products
PrivateGPT
Description:
- PrivateGPT is designed to allow businesses to scrub out any personal information that would pose a privacy risk before it’s sent to ChatGPT, thus enabling the use of cutting-edge generative models without compromising customer trust.
Key Features:
- PII Identification
- Text De-Identification
- Protection of sensitive customer information
Text De-Identification
Description:
- Private AI’s flagship product for data, security, and machine learning teams aiming to identify, redact, and replace Personally Identifiable Information (PII) in unstructured text.
Key Features:
- PII Identification
- Text De-Identification
- Synthetic PII Generation
- Tokenization & Pseudonymization
Document & File Redaction
Description:
- This product is designed to remove PII from various document formats to protect sensitive data and ensure compliance with global privacy regulations.
Key Features:
- Redaction from PDFs and office documents
- Redaction from images
- Redaction from audio recordings
Recent Developments
New Product Launches
PrivateGPT:
- Launched to allow firms to safely leverage ChatGPT by ensuring only necessary information is shared with OpenAI’s language model APIs.
New Features Added to Existing Products
No information is available.
New Partnerships
- Private AI and Spirion joined forces to enhance global data protection (October 12, 2023).
- Private AI partnered with Replica Analytics to tackle data privacy (May 25, 2023).
Press Coverage Highlights
- Private AI has been featured in numerous articles and press releases between 2023 and 2024, emphasizing its role in enhancing data privacy in AI applications and being recognized as a leader in the field by various tech publications.
Notable Press Mentions:
- Recognized in Gartner's Cool Vendors in Privacy, 2023
- Highlighted for its industry-leading redaction services and innovation in AI privacy solutions.
This information gives a detailed insight into Private AI's operations, products, key personnel, and recent industry activities. For comprehensive insights, always refer to the most recent and direct sources from the company.