CryptoLab and Niobium have entered a strategic partnership aimed at establishing global standards for privacy-preserving artificial intelligence.

This collaboration will integrate CryptoLab's homomorphic encryption software with Niobium's Fully Homomorphic Encryption (FHE) hardware, addressing the challenge of maintaining data privacy while enhancing speed.

The partnership will significantly accelerate FHE operations, making homomorphic encryption practical for real-world applications.

Together, they aim to develop real-time encrypted Generative AI (GenAI), ensuring the protection of sensitive user data.

This initiative will enable secure analysis of sensitive data in critical sectors such as healthcare and finance, thereby transforming privacy standards.

The collaboration seeks to provide scalable privacy solutions, making advanced encryption technology accessible to businesses of all sizes.

Kevin Yoder, CEO of Niobium, highlighted that their combined technologies will unlock the potential of data while safeguarding privacy.

Jung Hee Cheon, CEO of CryptoLab, noted that this partnership marks a significant advancement in the realm of Private AI.

Encrypted GenAI will ensure that user queries and responses remain encrypted during computation, guaranteeing privacy at a quantum level.

Ultimately, CryptoLab and Niobium aspire to lead the way in enhancing privacy and performance in Large Language Models (LLM) and Generative AI.