🔥 MONSTER RNS 🔥 - CHATGPT and in bed with $80B company 🔥 - 3M MCAP Here!!!22 Jul 2024 07:56
Https://www.voxmarkets.co.uk/rns/announcement/c6d09dc6-d257-4031-9f0c-a05404137a54/
Forcepoint's integration with ChatGPT Enterprise Compliance API enables the monitoring of data interactions within the ChatGPT environment, supporting regulatory compliance. Forcepoint offers a detailed map of data flow and user behaviour to enhance activity tracking and geo-restriction enforcement. This proactive approach helps ensure organisations can prevent data breaches and simplify compliance in an AI-driven world.
Forcepoint is a global leading American multinational software company, headquartered in Austin Texas, that develops security software and data protection, cloud access security, firewall and cross-domain solutions. Forcepoint has revenues in excess of US$680 million, has 2,000 plus employees and is owned by Francisco Partners (US$41.9 billion AUM).
Mindflair has a direct interest in Getvisibility. Sure Valley Ventures Fund ("SVV1") has a direct shareholding in Getvisibility and Mindflair has a 13% direct interest in SVV1 and a 5.3% indirect investment in SVV1 via its holding in Sure Ventures plc.
SVV1 is a venture capital fund, investing in a range of software companies with a focus on companies in AI and ML, Immersive Tech, Metaverse and Cybersecurity sectors. The fund is run by the same SVV team which has been highly successful in achieving a number of cash realisations from, and upward revaluations of, companies in the SVV portfolio.
SVV1, which includes a cornerstone €10 million investment from Enterprise Ireland, was launched in March 2017. SVV1 is currently in its investment realisation phase.
Nicholas Lee, Director of Mindflair, commented:
"This is a very exciting and material development for Getvisibility in terms of its partnership with Forcepoint, a multibillion-dollar company and the integration with OpenAI, an $80 billion dollar company, and is recognition of the sophistication of the technology that they have developed. Furthermore, Mindflair has a significant exposure to Getvisibility both directly and via SVV1."
The Directors of the Company are responsible for the release of this announcement. The person who arranged for the release of this information is Nicholas Lee, a director of the Company.