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Nexos.ai Raises €30M to Securely Advance Enterprise AI Adoption

Update Revolutionizing AI Adoption in Enterprises As businesses continually seek ways to leverage the advantages of AI, the Lithuanian startup Nexos.ai is emerging as a valuable ally in the quest for secure and effective AI integration. Recently, they raised €30 million (approximately $35 million) in a Series A funding round, primarily supported by Index Ventures and Evantic Capital, shortly after initially raising $8 million. This funding is critical for Nexos.ai to address one of the most pressing concerns around AI in the corporate landscape: data security. The Role of Nexos.ai as a Neutral Intermediary Nexos.ai aims to be the trusted “Switzerland for LLMs,” acting as a buffer between employees and AI systems. In today's digital landscape, where data leaks loom as significant threats, Okmanas argues that rather than banning AI, businesses should adopt tools that ensure data control. Their platform offers an AI Workspace for employees alongside an AI Gateway, facilitating compliance and security—two aspects that are increasingly critical as AI adoption rises. Meeting AI Demand with Security Solutions A survey by PwC highlighted that almost 80% of businesses expect AI to drive significant improvements in productivity by 2030. However, many are cautious due to rising concerns related to data privacy and misuse of information. Nexos.ai’s model targets this dilemma, aiming to streamline AI tools while maintaining stringent controls to avert data breaches. Okmanas believes that traditional enterprises must get comfortable with AI's nuances to gain board approval for new technology initiatives, and that’s where Nexos.ai’s comprehensive solutions can bridge the gap. Capitalizing on Proven Expertise The founders of Nexos.ai, Tomas Okmanas and Eimantas Sabaliauskas, bring substantial experience to the table, having previously created Nord, the cybersecurity firm behind NordVPN. Their success has cultivated an impressive network, particularly with Evantic Capital, which connects them to a pool of industry veterans who offer strategic guidance. This collaborative approach is a key aspect of their methodology as they continue to innovate and refine their offerings further. AI Adoption: A Edging Necessity With Nexos.ai’s solutions on the table, the conversation about AI adoption within companies is set to transform dramatically. Businesses are starting to face the urgency of integrating next-gen technologies into their operations—especially those that can enhance efficiency while protecting sensitive information. As more enterprises turn to automation and AI-powered tools, the framework provided by Nexos.ai could be instrumental in ensuring a secure transition into the future of work. Looking Ahead: Prospects for Nexos.ai As their funding strategy unfolds, Nexos.ai plans to expand its product capabilities significantly. The development of private models for sensitive data is on the horizon, providing a clear pathway for companies that handle information requiring the utmost security. This proactive approach to evolving enterprise needs illustrates how Nexos.ai isn't just a player in the AI field; they are positioning themselves as leaders in shaping a responsible framework for AI deployment. In a time when digital security and innovative solutions must go hand-in-hand, Nexos.ai stands at the forefront of the intersection between productivity and safety—previewing an essential evolution in how businesses will utilize AI.