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Datumo Raises $15.5M to Ensure AI Safety in Business

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by Giorgi Kostiuk

2 hours ago


In the rapidly evolving landscape of artificial intelligence, the conversation around safety and responsible deployment has become paramount. Seoul-based Datumo aims to create a more trustworthy AI ecosystem with new investments.

Importance of AI Safety

The growing focus on AI safety stems from the need for control over complex models that can generate biased or harmful outcomes. A McKinsey report highlighted that many organizations feel unprepared to safely use generative AI. Proper understanding of AI's workings is crucial for establishing trust.

Datumo's Transition to AI Evaluation

Originally focusing on data labeling, Datumo shifted its focus towards AI model evaluation in response to client requests for comprehensive solutions. Co-founder Michael Hwang noted, 'we realized we were already performing AI model evaluation without explicitly knowing it.' This led to the creation of Korea's first dataset focused on AI trust and safety.

Future and Ambitions of Datumo

The recent funding round of $15.5 million will enable Datumo to further develop its evaluation and automation tools for enterprises. With a total funding of approximately $28 million, the company aims to expand its presence globally, including in South Korea, Japan, and the U.S. These efforts are directed towards ensuring a more ethical and safe use of AI.

Datumo's strategic evolution underscores the importance of AI explainability for businesses. By providing accessible evaluation tools and reliable datasets, the company contributes to the responsible development of technologies, which is particularly relevant in the rapid growth of generative AI.

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