AI & Enterprise
Italy\'s Exein raises $270 million to develop foundation model for physical AI security
Italian cybersecurity startup Exein has raised $270 million, the Financial Times reported on Sept. 15. The funding round valued the company at $1.7 billion, more than double its $770 million valuation nine months earlier. Founder and CEO Gianni Cuozzo said AI tools have boosted hackers\' capabilities and require a new security approach. Exein is embedding security functions into device firmware and is developing a foundation model for physical AI security for release next year.
