Arcium gets accepted into the NVIDIA Inception Program

We are thrilled to announce that Arcium has been accepted into the NVIDIA Inception Program, which helps startups accelerate technical innovation and business growth. Arcium can now leverage the industry-leading tools and resources provided by NVIDIA to power the next generation of privacy-preserving Artificial Intelligence (AI) and Machine Learning (ML) applications, championing Private AI. 

A huge milestone

Arcium’s acceptance into the Inception Program comes after the firm’s acquisition of Web2 competitor Inpher, one of the world’s most renowned confidential computing and Private AI providers. Inpher has been around for nearly a decade andreceived $25 million in funding from industry titans JP Morgan and Amazon. Arcium acquired Inpher's core technology and over 30+ patents to support Private AI infrastructure. As more industries adopt AI for day-to-day services, Private AI tooling is needed to protect intellectual property, mitigate data breach risks, and comply with privacy regulations. Arcium’s encrypted supercomputer enables the secure processing of information in a fully encrypted state. 

Yannik Schrade, Co-Founder and CEO of Arcium, said, “Institutions leveraging AI for trading require privacy to prevent the exposure of their strategies; healthcare organizations need encryption to safeguard sensitive patient information; and AI systems need confidentiality to protect proprietary algorithms and user data. With the ability to leverage state-of-the-art resources from NVIDIA, Arcium is positioned to become the most advanced tech stack supporting Private AI applications.” 

The impact of Private AI

Last week at the NVIDIA conference, there was a clear narrative around Private AI. Companies and individuals want to leverage AI but have concerns about data security and ownership. With NVIDIA’s focus on hardware acceleration and Arcium's focus on the software level, we can bring Private AI to full fruition across various verticals.

Yannik was interviewed on the floor of the NYSE on March 24th, going into detail about the significance of Inpher, NVIDIA, and the future of encrypted computing. You can check out the full interview here:

We are excited for the endless opportunities Private AI brings to the world. With acceptance into NVIDIA’s inception program, we can accelerate our vision of efficient and performant encrypted AI at scale.

Schrade concluded, “A new paradigm in computing is coming. With NVIDIA’s Inception Program, Arcium will lead the charge in making private AI a reality. This move further enhances the Arcium technology stack ahead of our mainnet launcht. Backed by this program, we will accelerate our mission to bring Private AI to all industries and build a world where data security concerns no longer hinder progress.” 

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