Aussie Startup Takes on ChatGPT and Bard with $US50m from US Backers

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Aussie start-up, Secure Code Warrior, has secured $US50 million in a Series C funding round from US backers. The company specializes in creating learning platforms for software developers, likened to a flight simulator. Woolworths, Xero, and Telstra are among the company’s customers who use its training tools to develop secure software. One of Secure Code Warrior’s key products is Sensei, a tool that acts as a spellchecker for coders, helping them avoid security weaknesses.

This latest funding round follows a $US47.6 million investment in 2019, making it one of the largest funding rounds of that year. Despite the global squeeze on tech valuations, Secure Code Warrior’s co-founder and CEO, Pieter Danhieux, revealed that the company’s value has doubled since the previous funding round. However, the exact valuation was not disclosed.

The newly acquired capital will be used to fuel the company’s expansion beyond Australia and further develop its products in the era of generative AI. Since the launch of OpenAI’s ChatGPT, generative AI has found significant commercial applications in software code writing. However, this technology also poses security risks for organizations.

Danhieux acknowledged that although ChatGPT speeds up software development considerably, the quality and security of the code generated may be compromised due to decades of bad code present on the internet. To address this, Secure Code Warrior provides training modules that educate developers on what good and bad code looks like. Additionally, the company is researching the possibility of training AI with their coding patterns to generate secure code and validate its security.

Google’s Bard, a generative AI model, is also being recognized as a valuable tool for software development. However, Amarnag Subramanya, Head of Engineering on Google’s Bard, stated that it is still too early to solely rely on Bard for this purpose, emphasizing that computer-generated software code should be seen as an experiment. Danhieux sees this as an opportunity for Secure Code Warrior to train customers on how to safely utilize code generated by AI.

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One challenge with generative AI is its tendency to hallucinate, occasionally creating code that references non-existent software functions or libraries. This can inadvertently expose developers to potential threats when malicious actors release libraries with similar names to trick inexperienced developers. Danhieux believes that, over time, generative AI will improve, and newer models will be designed with security in mind. In the meantime, Secure Code Warrior aims to fulfill its responsibility by educating developers about the potential risks of using ChatGPT and training them on how to mitigate those risks. Ultimately, the company aims to leverage AI to ensure the generation of secure code.

As the demand for secure software continues to grow, Secure Code Warrior’s expertise and dedication to training developers in writing secure code position the company for success. With the support of its recent funding, Secure Code Warrior intends to expand its reach globally and harness the potential of generative AI while prioritizing the security of code generation.

Frequently Asked Questions (FAQs) Related to the Above News

What is Secure Code Warrior?

Secure Code Warrior is an Aussie start-up that specializes in creating learning platforms for software developers. They provide training tools and resources to help developers create secure software.

Is Secure Code Warrior funded by US backers?

Yes, Secure Code Warrior recently secured $US50 million in a Series C funding round from US backers.

What are some of the companies that use Secure Code Warrior's tools?

Woolworths, Xero, and Telstra are among the companies that use Secure Code Warrior's training tools and platforms.

What is Sensei, one of Secure Code Warrior's key products?

Sensei is a tool developed by Secure Code Warrior that acts as a spellchecker for coders. It helps them identify and avoid security weaknesses in their code.

How is Secure Code Warrior addressing the rise of generative AI in software development?

Secure Code Warrior acknowledges the benefits of generative AI, but also recognizes the security risks it poses. They provide training modules to educate developers on what good and bad code looks like, and are researching the possibility of training AI with coding patterns to generate secure code and validate its security.

What is Google's Bard and how does Secure Code Warrior respond to it?

Google's Bard is a generative AI model that is recognized as a valuable tool for software development. Secure Code Warrior sees it as an opportunity to train customers on how to safely utilize code generated by AI. They emphasize the need for caution and view computer-generated software code as an experiment.

What are some challenges with generative AI in software development?

One challenge is the tendency for generative AI to occasionally create code that references non-existent software functions or libraries. This can expose developers to potential threats. Secure Code Warrior aims to educate developers about these potential risks and train them on how to mitigate them.

What are Secure Code Warrior's plans for the future?

With the recent funding, Secure Code Warrior plans to expand globally and continue developing their products to harness the potential of generative AI while prioritizing code security. They aim to leverage AI to ensure the generation of secure code and meet the growing demand for secure software.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Aniket Patel
Aniket Patel
Aniket is a skilled writer at ChatGPT Global News, contributing to the ChatGPT News category. With a passion for exploring the diverse applications of ChatGPT, Aniket brings informative and engaging content to our readers. His articles cover a wide range of topics, showcasing the versatility and impact of ChatGPT in various domains.

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