Startup uses AI to help businesses protect their data assets

Cognigo, a startup that aims to use AI and machine learning to help enterprises protect their data and stay in compliance with regulations like GDPR, announced that it has raised an $8.5 million. The company aims to help businesses protect their critical data assets and prevent personally identifiable information from leaking. In order to achieve so, the company is using pre-trained language models for data classification, which detect common categories like payslips, patents, non-disclosure agreements and contracts. Organizations can also provide their own data samples to further train the model and customize it for their needs.