Artificial Intelligence Underwriting Company

Datani said, is the former COO of the AI safety research organization, Meter.

And the pair launched a startup called Artificial Intelligence Underwriting Company that hopes to bring AI safety to enterprises and companies building AI models and agents.

The startup names Cursor, Lovable, Harvey, and Eleven Labs as customers.

On Tuesday, AIUC announced a $40 million Series A led by Ribbit Capital with participation from First Harmonic.

Originally founded in nineteen eighty-three and acquired by Intel in twenty fifteen for sixteen point seven billion dollars, Altera saw Silver Lake and Abu Dhabi-backed MGX acquire majority and minority stakes last year before deciding to pursue a standalone public listing.

Artificial Intelligence Underwriting Company, or AIUC, established by former Meter and Anthropic executives Rajiv Dattani and Rune Kvist, secured forty million dollars in Series A funding to build a third-party certification audit framework for enterprise AI agents.

Functioning much like SOC two cybersecurity standards, the organization assesses agents for hazards like data leaks, hallucinations, and jailbreaks prior to deployment, leveraging its AIUC one standard alongside five thousand automated tests verified by human auditors.

Meta Platform Inc. is accelerating its custom silicon roadmap by deploying homegrown AI inference chips, including the third-generation MTIA four fifty Arc and the upcoming Astrid model to cut reliance on Nvidia.

Using high-band widths, these processors improve data center energy and cost efficiency.

You're going for the auditability benefit of, of the thing.

I, I'm reminded of a company at the moment called, um, the AI Underwriting Company, AIUC.

Uh, really interesting group, uh, who were heavily involved in, uh, as consultants putting together the insurance liability framework that sat around, uh, self-driving cars.

Because self-driving cars have been better than people for a while, but they fundamentally didn't start to get any approvals anywhere around the world from any regulator until there was an insurance framework that sort of sat around it.