OpenAI in Early Talks to Acquire Security Firm Trail of Bits

OpenAI reported to be in acquisition talks

OpenAI is in early acquisition talks with New York-based software security firm Trail of Bits, according to sources cited by The Information. TechFlow carried the report on October 14. The deal size has not been disclosed.

The reported move would expand OpenAI's cybersecurity business. The talks were described as early, and no terms or timeline have been released.

What Trail of Bits does

Trail of Bits specializes in open-source software vulnerability detection and remediation. The company has previously provided security audits for crypto projects such as Uniswap, Aave, and Worldcoin.

Existing initiative with OpenAI

In June of this year, OpenAI and Trail of Bits jointly launched the open-source software security initiative "Patch the Planet."

Deal status

According to the report, the discussions remain at an early stage. Neither the purchase price nor a closing timeline has been made public. The cited sources said the move aims to expand OpenAI's cybersecurity business.

Sources: Techflow · The Information · Techmeme