AI Security Startup Alice Raises $140M at ~$1B Valuation

The round signals that AI security is being priced as infrastructure rather than a feature, with a near-unicorn valuation for a company whose remit — safety and security — sits adjacent to, and arguably in tension with, the pace of model deployment it is meant to police. The open question is whether capital of this scale flows to genuinely independent oversight or to vendors whose fortunes depend on the same AI buildout they are asked to secure.