Explainable artificial intelligence

Dataiku 12 Accelerates Into the AI Era With Power and Control

Retrieved on: 
Wednesday, May 31, 2023

Dataiku 12 addresses these challenges while providing total confidence, control, and trust in AI outputs.

Key Points: 
  • Dataiku 12 addresses these challenges while providing total confidence, control, and trust in AI outputs.
  • Dataiku allows business and analytics leaders to easily spot and mitigate risks in AI projects, increasing trust in project outputs.
  • Dataiku 12 directly addresses this need,” said Florian Douetteau, co-founder and CEO at Dataiku.
  • This fusion of power and control is the key to unlocking the full potential of AI in the most responsible way possible."

Hyro Raises $20M in Funding to Advance Responsible AI-Powered Communications for Enterprise

Retrieved on: 
Wednesday, May 31, 2023

NEW YORK, May 31, 2023 /PRNewswire/ -- Hyro, the leader in plug-and-play conversational artificial intelligence (AI), today announced that it has finalized a $20 million Series B funding round led by Macquarie Capital, with participation from new investors Liberty Mutual Strategic Ventures, Black Opal Ventures, and K20, as well as existing investors Hanaco Ventures, Spero Ventures, and Mindset Ventures—bringing the company's total funding to $35 million. With this capital raise, Hyro will continue to meet the healthcare sector's critical demand for conversational AI and automation, enabling large organizations to streamline access to digital services for their patients and staff while drastically improving operational efficiencies.

Key Points: 
  • Hyro has grown annual recurring revenue by over 100% year over year since launching in 2020, delivering stellar conversational experiences to over 30 million enterprise consumers resulting in tens of millions in operational savings.
  • Hyro anticipates that the funding round, coupled with the surge in popularity of OpenAI's ChatGPT, Google's Bard and other large language model (LLM) applications, will catalyze another fiscal year of doubled growth in these categories.
  • Hyro has recently released Spot™, a GPT-powered assistant capable of instantly generating answers to FAQs and search queries using customized enterprise data, all while maintaining explainability.
  • "Hyro has been at the forefront of this technology and its operation in regulated environments like healthcare.

PwC Canada makes $200M investment to expand AI capabilities

Retrieved on: 
Monday, May 29, 2023

The investment builds on PwC US' $1B commitment to invest in AI and the Network's long-standing commitment to AI.

Key Points: 
  • The investment builds on PwC US' $1B commitment to invest in AI and the Network's long-standing commitment to AI.
  • PwC Canada's investment will include upskilling our 9,000 people on AI tools and capabilities, as well as accelerating our STEM talent hiring.
  • Responsible AI will help PwC Canada and its clients harness Generative AI in a safe and trustworthy way.
  • This investment builds on PwC's long-standing commitment to artificial intelligence, and PwC Global's capabilities have been recognized as a leader in AI by Gartner, IDC and Forrester.

Quantifind Launches AI-Powered Risk Discovery for Potential Threats

Retrieved on: 
Tuesday, May 23, 2023

PALO ALTO, Calif., May 23, 2023 /PRNewswire/ -- Quantifind, a provider of AI-powered risk intelligence automation to the world's leading organizations, announced the launch of its latest AI technology designed to enable organizations to proactively screen for potential threats by doing a reverse search with risk, business, and geographical information.

Key Points: 
  • Risk analysis is arduous and inefficient when analysts lack specific names or access to sensitive information on unclassified networks.
  • Quantifind's Automated Risk Discovery solution, powered by the feature-rich risk intelligence platform, Graphyte™, allows analysts to assess potential risks in real-time.
  • In response to economic conditions and rising global threats, Quantifind has expedited its AI innovation to empower global analysts in combating risk.
  • "Quantifind continues to push the envelope when it comes to the real-world application of AI," says Adam Mulliken, Chief Product Officer at Quantifind.

Quantifind Launches AI-Powered Risk Discovery for Potential Threats

Retrieved on: 
Tuesday, May 23, 2023

PALO ALTO, Calif., May 23, 2023 /PRNewswire/ -- Quantifind, a provider of AI-powered risk intelligence automation to the world's leading organizations, announced the launch of its latest AI technology designed to enable organizations to proactively screen for potential threats by doing a reverse search with risk, business, and geographical information.

Key Points: 
  • Risk analysis is arduous and inefficient when analysts lack specific names or access to sensitive information on unclassified networks.
  • Quantifind's Automated Risk Discovery solution, powered by the feature-rich risk intelligence platform, Graphyte™, allows analysts to assess potential risks in real-time.
  • In response to economic conditions and rising global threats, Quantifind has expedited its AI innovation to empower global analysts in combating risk.
  • "Quantifind continues to push the envelope when it comes to the real-world application of AI," says Adam Mulliken, Chief Product Officer at Quantifind.

Independent Research Firm Confirms: AI Decision Platform of German Software Vendor ACTICO is 'Strong Performer'

Retrieved on: 
Wednesday, May 17, 2023

CHICAGO, IL, May 18, 2023 - (ACN Newswire) - Today, independent analyst firm Forrester Research released The Forrester Wave(TM): AI Decisioning Platforms, Q2 2023 (1).

Key Points: 
  • CHICAGO, IL, May 18, 2023 - (ACN Newswire) - Today, independent analyst firm Forrester Research released The Forrester Wave(TM): AI Decisioning Platforms, Q2 2023 (1).
  • Forrester names German vendor ACTICO a 'Strong Performer' among 12 other firms.
  • The German company, with offices in Chicago and Singapore, develops compliance and credit decisioning software for the finance sector.
  • These applications are based on the award-winning ACTICO Platform, which was evaluated in the Forrester report on the basis of 23 criteria and alongside 12 platforms of other vendors.

Announcing Knowledge Guru-bringing generative AI technology to the Enterprise enabling chat-based analytics with fully compliant and accurate answers

Retrieved on: 
Friday, May 19, 2023

BOSTON, May 18, 2023 /PRNewswire-PRWeb/ -- Cambridge Semantics (CSI) today announced Knowledge Guru, their new software capability which enables generative AI companies to apply the power of their models for conversation derived analytics at Enterprise scale and with full Enterprise data compliance.

Key Points: 
  • Knowledge Guru eliminates the key LLM impediments concerning enterprise clients today; e.g., hallucinations, data privacy, and lack of precision.
  • Accurate answers, data provenance, geographic protections and permissions are baseline requirements for Enterprises, as is the protection of client instance data.
  • The Knowledge Guru enables anyone in your organization to make real-time decisions backed by accurate, real-time answers via a simple chat.
  • For more information and for those interested in a Knowledge Guru demonstration can find more details here: https://info.cambridgesemantics.com/knowledge-guru

InRule® Named a Leader in AI Decisioning by Independent Research Firm

Retrieved on: 
Wednesday, May 17, 2023

InRule Technology® , an intelligence automation company providing integrated decisioning, machine learning and process automation software to the enterprise, today announced that its platform has been named a leader by Forrester Research in The Forrester WaveTM: AI Decisioning Platforms, Q2 2023.

Key Points: 
  • InRule Technology® , an intelligence automation company providing integrated decisioning, machine learning and process automation software to the enterprise, today announced that its platform has been named a leader by Forrester Research in The Forrester WaveTM: AI Decisioning Platforms, Q2 2023.
  • According to the Forrester report, “AI decisioning platforms (AIDPs) provide enterprise business and technology teams with tools to author and automate business decision logic in a wide variety of applications by leveraging combinations of decision intelligence technologies such as business rules, machine learning models, mathematical models, and more.”
    Forrester Research invited the 13 most significant AI decisioning providers to participate in its independent analysis.
  • InRule and the other top providers were evaluated for The Forrester WaveTM against 23 criteria grouped into the following categories: current offering, strategy, and market presence.
  • InRule received the highest rating possible in the following criteria related to current offering: Explainability, ModelOps, Tools, Accelerators, and Security.

MDOTM LTD ADDS OPENAI'S CAPABILITIES TO IMPROVE EXPLAINABLE AI FOR ASSET MANAGERS

Retrieved on: 
Wednesday, May 17, 2023

NEW YORK, May 17, 2023 /PRNewswire/ -- MDOTM Ltd, the global provider of AI-driven investment solutions for financial institutions, announces new ChatGPT-powered features in Sphere, its investment platform for institutional investors.

Key Points: 
  • These new features will improve the suite of AI tools available to understand each portfolio's unique risk-return profile, positioning and exposure to risk factors.
  • According to data from the CFA Institute, explainable AI is a top priority among Asset and Wealth Management companies, with over 80% of surveyed investment professionals looking to integrate AI by 2023.
  • Sphere is a no-code platform that leverages MDOTM Ltd's proprietary AI to provide unbiased investment inputs and manage portfolios at scale.
  • Tommaso Migliore, CEO & Co-Founder of MDOTM Ltd, commented:
    "Combining OpenAI ChatGPT's capabilities with our AI platform Sphere is a key step forward to provide portfolio and investment managers with the most sophisticated investment decision-making solution.

MDOTM LTD ADDS OPENAI'S CAPABILITIES TO IMPROVE EXPLAINABLE AI FOR ASSET MANAGERS

Retrieved on: 
Wednesday, May 17, 2023

LONDON, May 17, 2023 /PRNewswire/ -- MDOTM Ltd, the global provider of AI-driven investment solutions for financial institutions, announces new ChatGPT-powered features in Sphere, its investment platform for institutional investors.

Key Points: 
  • These new features will improve the suite of AI tools available to understand each portfolio's unique risk-return profile, positioning and exposure to risk factors.
  • According to data from the CFA Institute, explainable AI is a top priority among Asset and Wealth Management companies, with over 80% of surveyed investment professionals looking to integrate AI by 2023.
  • Sphere is a no-code platform that leverages MDOTM Ltd's proprietary AI to provide unbiased investment inputs and manage portfolios at scale.
  • Tommaso Migliore, CEO & Co-Founder of MDOTM Ltd, commented:
    "Combining OpenAI ChatGPT's capabilities with our AI platform Sphere is a key step forward to provide portfolio and investment managers with the most sophisticated investment decision-making solution.