Openlayer raises $4.8m seed round to build guardrails for AI

Openlayer has announced a $4.8 million seed funding round led by Quiet Capital, with involvement from investors such as Y Combinator and several notable angels, to advance its mission of creating a robust framework for AI model evaluation. The company was founded by former Apple engineers who identified inefficiencies in the model-testing process, which often led to uncaught errors and extended development cycles. Openlayer's platform aims to provide a comprehensive solution for detecting, diagnosing, and correcting model failures, thus enhancing model performance and ensuring reliable deployment. With a team comprising experts from Amazon, Apple, and Harvard Design, the company has collaborated with various customers, including Fortune 500 companies, to refine its machine learning validation and testing platform. As AI models, particularly large language models like ChatGPT, become more complex, Openlayer seeks to empower users to deploy reliable and ethical AI systems by understanding and addressing potential vulnerabilities and errors.