A startup, Niobium Microsystems Inc., introduces 'The Fog', the first platform to leverage Fully Homomorphic Encryption (FHE) for secure cloud AI. This technology allows data to stay encrypted during processing, offering a 'zero trust' advantage. Chief Executive Kevin Yoder promises it will eliminate the trade-off between data exposure and cloud usage. 'The Fog' includes a faster 'mistic Core' chip and templates for semantic search, federated learning, and machine learning classification.
Developers in finance and healthcare will find this tool appealing, as it ensures data privacy and compliance during AI analysis. Niobium plans to enhance FHE performance further with a custom application-specific integrated circuit (ASIC) in collaboration with Semifive U.S. Inc. and Samsung Foundry.