
While tech companies large and small have laid off 460,000 workers since 2022, AI has been a universal growth driver across tech, adding $ billion in valuation to the Magnificent Seven alone. For tech vendors, the race is on to apply machine learning algorithms to deliver products that automate and accelerate work. VC checks slowed down since quantitative tightening but cybersecurity firms built on AI – for example, HiddenLayer, Stacklok, and Reken – have raised business formation rounds on the promise of leveraging pattern matching analytics to security teams' work of detecting and remediating against cyber threats and vulnerabilities.
What is the AI Security Overlay?