A UK-based startup, ZeroDrift, has secured $10 million in funding to develop a compliance service for artificial intelligence (AI) models. The service aims to prevent AI-generated content from breaching regulations, a growing concern for organisations in the UK and beyond.
ZeroDrift's compliance service sits between AI models and end users to flag potential issues, ensuring that the AI-generated content is compliant with relevant laws and regulations. This is particularly important in the UK, where the Information Commissioner's Office (ICO) has highlighted the need for organisations to demonstrate compliance with data protection regulations.
The funding, which was led by a US-based venture capital firm, will be used to develop and expand the service. ZeroDrift plans to use the funding to hire additional staff and expand its marketing efforts, with the aim of making its service more widely available to organisations in the UK and beyond.
The development of ZeroDrift's compliance service is timely, given the increasing use of AI in the UK. According to a recent report by the UK's Office for Artificial Intelligence, the use of AI is expected to grow significantly in the coming years, with many organisations planning to invest in AI-related technologies.
While the use of AI offers many benefits, it also raises significant compliance risks. ZeroDrift's compliance service aims to mitigate these risks, providing organisations with the tools they need to ensure that their AI-generated content is compliant with relevant laws and regulations.
The funding round was led by a US-based venture capital firm, with participation from other investors. The terms of the deal were not disclosed.