OpenAI in talks to acquire Trail of Bits, auditor for Uniswap and Aave

OpenAI has initiated preliminary negotiations to acquire Trail of Bits, a cybersecurity firm specializing in smart contract auditing. This move aims to enhance OpenAI's cybersecurity capabilities by identifying vulnerabilities using AI. The potential deal's value remains undisclosed, and the negotiations are in early stages, with no confirmation from either company. Founded in 2012 and based in New York, Trail of Bits employs around 40 staff and is known for security audits of projects like Uniswap, Aave, and Worldcoin. Acquiring Trail of Bits could provide OpenAI access to cybersecurity expertise and threat response tools. OpenAI and Trail of Bits have previously collaborated on the Patch the Planet initiative within the OpenAI Daybreak cybersecurity project, utilizing AI models to detect vulnerabilities in open-source software. In the first week of this initiative, about 25 engineers from Trail of Bits identified hundreds of vulnerabilities and integrated 37 fixes across over 30 projects, including cURL, Python, and Go. Additionally, OpenAI is seeking to raise at least 30 billion dollars at a valuation of approximately 1.4 trillion dollars.

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