#Israel #Tel Aviv #AI Privacy #Lattica #FHE Technology

Lattica Unveils Revolutionary AI Privacy Solutions

In a significant leap for AI technology, Lattica, a trailblazer in using Fully Homomorphic Encryption (FHE), has officially launched from stealth mode, armed with a remarkable $3.25 million in pre-seed funding. This funding round was spearheaded by Konstantin Lomashuk's Cyber Fund, with contributions from notable angel investors including Sandeep Nailwal, co-founder of Polygon Network, and the Sentient The Open AGI Foundation. Their goal? To tackle one of the most pressing challenges in AI—data privacy.

Emerging from Shadows
Lattica's inception marks a pivotal moment, addressing the increasing demand for secure, private AI applications in sensitive sectors such as healthcare, finance, and government. In fact, a recent Cisco report highlighted that 70% of CEOs expressed concerns over maintaining network security in the wake of AI's rapid adoption, with 34% citing security as a significant barrier to embracing new technologies.

Harnessing FHE for Practical Uses
The promise of Fully Homomorphic Encryption has long been recognized as the 'holy grail' of cryptography. However, persistent computational inefficiencies have hindered its widespread adoption. Lattica is poised to change this by leveraging advances in AI acceleration technology to operationalize FHE.

Dr. Rotem Tsabary, the CEO and founder of Lattica, who boasts a PhD in lattice-based cryptography from the Weizmann Institute of Science, has crafted a cloud-based platform that seamlessly integrates FHE. This platform not only enhances data privacy but also streamlines AI usage by ensuring encrypted communication between providers and users without the need for decryption.

A standout feature of Lattica's solution is its Homomorphic Encryption Abstraction Layer (HEAL), designed to enhance the performance of FHE and standardize its implementation. HEAL acts as a versatile bridge that connects FHE applications and AI algorithms across various hardware architectures, including GPUs, TPUs, CPUs, and specialized accelerators like ASICs and FPGAs.

Pioneering a New Standard
By amalgamating advancements in hardware acceleration with innovative software optimizations, Lattica is not only elevating FHE efficiency to commercially viable levels but also addressing the critical data dilemmas that restrain AI's adoption in sectors that handle sensitive information. Dr. Tsabary expressed, “We’re enabling practical FHE by developing a solution that is tailor-made for neural networks.”

As part of their grand reveal, Lattica has made available demonstrations of their platform and detailed insights gleaned from a comprehensive survey within the FHE community. The survey results indicate that 71% of respondents believe that the adoption of FHE will be fueled by a hybrid of hardware advancements and software innovations.

Impact on Sensitive Industries
Lattica’s targeted focus on the healthcare and finance sectors underscores its relevance and potential. The technology could be pivotal for secure data analysis in medical research and for executing encrypted financial transactions. Investors are enthusiastic about the implications of Lattica's tech for transforming data handling within the AI ecosystem. Sandeep Nailwal highlighted that Lattica’s product-oriented strategy revolutionizes sensitive data processing, making FHE both practical and scalable.

The Path Ahead
As Lattica plants its flag in AI privacy solutions, experts believe it reflects a critical evolution in the field of cryptography. Konstantin Lomashuk commented, “Lattica is pushing the boundaries of Fully Homomorphic Encryption, solving one of the most critical challenges in AI security.”

With headquarters in Tel Aviv, Lattica aims to bridge the gap between advanced encryption technologies and their practical application in AI, ensuring that user queries remain encrypted throughout the machine learning inference process. The platform's unique position and innovative approach hint towards a transformative future in how sensitive data is handled across the digital landscape.

For more information about Lattica and its innovative approach to AI privacy, visit www.lattica.ai.