OpenAI plans to buy cybersecurity firm

OpenAI is holding preliminary talks to acquire Trail of Bits, a cybersecurity firm specializing in smart contract audits. The deal's value has not been disclosed.

The companies already collaborate under the Patch the Planet initiative

The ChatGPT developer and startup Trail of Bits are jointly working to identify software vulnerabilities using artificial intelligence. This collaboration laid the groundwork for a potential merger.

Trail of Bits is known for its expertise in blockchain protocols

The company conducts smart contract audits and identifies vulnerabilities in cryptographic systems. The acquisition will allow OpenAI to strengthen its position in digital asset security.

Key details of the negotiations:

• Negotiations are in the early stages
• Specific deal amount is unknown
• Focus on integrating AI into cybersecurity