Cloud computing's influence continues to grow, partly due to artificial intelligence's expansion. With a significant increase in public cloud services spending, companies are rapidly transitioning to the cloud, spearheaded by giants like AWS, Google Cloud, and Microsoft Azure. This shift presents security challenges, especially in data encryption and processing.
GBV Fund portfolio company, Chain Reaction, is developing Fully Homomorphic Encryption (FHE) to address these vulnerabilities by allowing data to be processed encrypted, promising a new era of privacy and security in cloud computing.
Read more here: https://www.thestreet.com/technology/the-cloud-is-vulnerable-chain-reaction-is-building-the-solution