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SVB – The Rise of CyberAI, 2024

Summary
The introduction discusses the increasing support and investment in CyberAI infrastructure. Government funding and corporate investment have been key drivers in the growth of the CyberAI space. ChatGPT, a widely adopted language model, has changed the way businesses and consumers interact with technology. However, the mounting costs of cybercrime have led to increased cybersecurity demand and investment. The introduction also highlights the vulnerabilities in GenAI apps and the use of AI by cybercriminals. The emergence of CyberAI startups and the flow of capital from venture capital investors into cybersecurity and AI startups indicate a growing interest in the sector. Overall, the introduction emphasizes the importance of infrastructure investment, corporate support, and cybersecurity measures to foster growth in the CyberAI space.
Region: Global 
Published: May 2024 
Author(s): SVB 
Language: English 
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