We’re excited to announce the first edition of Forgepoint Forward! ✨ Forgepoint Forward is a new quarterly series that uncovers emerging opportunities for innovation and investment including the startup landscape. In the first edition, we explore the AI Governance market through research and insights from our community of CISOs, CEOs, executives, founders, and Advisory Council members. Key takeaways: 🔍 40% of GenAI use cases involve content creation such as editing, summarization, and translation, while another 18% help enhance workplace productivity. 🔒 As AI proliferates, securing model usage and development is top-of-mind for CISOs. There is an urgent need for governance. 💡 AI governance startups offer capabilities spanning discovery, monitoring, and detection and response. 💭 Vendors that develop feature-rich solutions with simple integrations will have an edge as the market becomes more crowded. 📈 Funding has increased significantly since 2018. Deal volume and value are expected to continue growing rapidly. ❓ The regulatory landscape is evolving alongside concerns about trust, security, privacy, ethics, transparency, and explainability. Many thanks to Brian Barrios, Eddie Borrero, Hazel Diez Castaño, Elena Kvochko, Russell Spitler, Christie Terrill, Evan Wolff, and Tobias Yergin for contributing insights and perspectives. Link to our blog and full report in comments below ⬇ #forgepointforward #aigovernance #innovation #startups
Thanks as well to this edition's reporting team: Preisha Agarwal, Kathryn Shih, and Casilda Angulo Obieta, with Reynaldo Kirton, CFA, Conor Higgins, and Tanya Loh. 🙌
Blog with report 👉 https://forgepointcap.com/perspectives/forward-ai-gov/