As AI agents become employees, NewCore emerges with $66M to give them identities

Editor's take

NewCore has secured $66 million to build an identity and access management platform specifically for AI agents operating within enterprise environments. This positions AI agents as distinct entities requiring security protocols akin to human employees, moving beyond simple API key management.

The significance lies in the impending proliferation of autonomous AI agents in business workflows. As these agents gain agency and access to sensitive data, traditional human-centric security models become insufficient. NewCore's approach anticipates a future where distinguishing between human and AI activity, and controlling AI permissions, is paramount for preventing breaches and ensuring compliance.

Future developments to monitor include NewCore's integration capabilities with existing enterprise identity providers like Okta and Azure AD, and whether they can establish granular, context-aware access controls that adapt dynamically to AI agent behavior. The success of this venture hinges on proving its efficacy against increasingly sophisticated AI-driven threats, rather than just static rule-based enforcement.