Explainable artificial intelligence

Global M&A Dealmakers Want AI Regulated: Datasite® Survey

Retrieved on: 
Wednesday, October 11, 2023

With growing global concerns surrounding the risks associated with artificial intelligence (AI), particularly generative AI (GenAI), dealmakers want governments to regulate the technology ahead of widely incorporating it into their business, according to findings from new survey by Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals.

Key Points: 
  • With growing global concerns surrounding the risks associated with artificial intelligence (AI), particularly generative AI (GenAI), dealmakers want governments to regulate the technology ahead of widely incorporating it into their business, according to findings from new survey by Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals.
  • View the full release here: https://www.businesswire.com/news/home/20231011429726/en/
    Almost three quarters (73%) of 500 global dealmakers surveyed across the US, UK, France, and Germany said governments should regulate AI.
  • To help dealmakers capitalize on AI-driven opportunities, Datasite introduced Datasite Intelligence , an AI-powered search engine that helps dealmakers get better and faster deal searches for pitches.
  • Datasite’s global dealmaker survey spotlights attitudes, behaviors, and forward-gazing predictions from 500 dealmakers around the globe, exploring their perspectives on GAI’s impact on disruption and innovation in M&A ahead of the international AI summit to be hosted in the UK.

GAINS' Customer Success Drives Record Market Momentum with 42 Percent Revenue Growth

Retrieved on: 
Wednesday, October 11, 2023

"The incremental and rapid results that our customers are achieving is propelling our market momentum," said Dave Shrager, President of GAINS.

Key Points: 
  • "The incremental and rapid results that our customers are achieving is propelling our market momentum," said Dave Shrager, President of GAINS.
  • The first half of 2023 has seen GAINS realize market-shaping milestones driven by a surge in successful implementations and resulting new customer engagements.
  • GAINS is focused on companies that operate at the intersection of cost, complexity, and service, where bad decisions breed inventory.
  • GAINS increased its total headcount by 20 percent in 2023 and is actively hiring in all key areas.

data.world Integrates with Sigma Computing to Bring Explainability and Trust to Enterprise Data Analytics

Retrieved on: 
Tuesday, October 3, 2023

Businesses demand timely, accurate, and trustworthy analysis of their data estate from their data teams.

Key Points: 
  • Businesses demand timely, accurate, and trustworthy analysis of their data estate from their data teams.
  • Through this new integration, data.world is bringing enhanced visibility and trust to enterprise data analytics for Sigma users.
  • By integrating our knowledge graph architecture with Sigma’s cloud data analytics interface, we’re introducing heightened governance and explainability to data teams, and instilling increased trust in enterprise data analytics.”
    “Our partnership with data.world addresses the ongoing challenges of fragmented and untrusted data in enterprises.
  • Together, data.world and Sigma energize data teams, giving them the freedom to interact with their data more frequently, with usage across platforms – including leading cloud data warehouses – surging among joint customers.

SymphonyAI Introduces Breakthrough Predictive and Generative AI-Powered Case Management for Financial Crime Investigation

Retrieved on: 
Monday, October 2, 2023

PALO ALTO, Calif., Oct. 2, 2023 /PRNewswire/ -- SymphonyAI, a leader in predictive and generative AI enterprise AI SaaS, today announced the Sensa Investigation Hub, a generative AI-enabled investigation and case management platform that propels financial institutions into the future of financial crime management.

Key Points: 
  • PALO ALTO, Calif., Oct. 2, 2023 /PRNewswire/ -- SymphonyAI, a leader in predictive and generative AI enterprise AI SaaS, today announced the Sensa Investigation Hub , a generative AI-enabled investigation and case management platform that propels financial institutions into the future of financial crime management.
  • Building on the industry leadership of the Sensa Copilot for financial crime investigators introduced earlier this year to speed financial crime alert investigation, the Sensa Investigation Hub enables accurate, accelerated investigation and reporting by combining an entity-centric view of risk with the speed and intuitiveness of generative AI.
  • Detection engine-agnostic, the Sensa Investigation Hub works seamlessly with existing financial crime solutions to provide a single, unified view of risk, regulator-friendly auditing, and end-to-end transparency.
  • "Just as the Sensa Copilot for financial crime investigators presented a transformative moment for financial crime investigation, the Sensa Investigation Hub revolutionizes productivity, consistency, and strategic effectiveness for forward-thinking financial institutions worldwide," said Mike Foster, CEO of SymphonyAI Sensa-NetReveal.

IBM Announces Availability of watsonx Granite Model Series, Client Protections for IBM watsonx Models

Retrieved on: 
Thursday, September 28, 2023

ARMONK, N.Y., Sept. 28, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) announced the general availability of the first models in the watsonx Granite model series — a collection of generative AI models to advance the infusion of generative AI into business applications and workflows. IBM also confirmed that the standard contractual intellectual property protections for IBM products will apply to IBM-developed watsonx AI models. IBM's Granite models apply generative AI to the modalities of language and code.

Key Points: 
  • IBM also confirmed that the standard contractual intellectual property protections for IBM products will apply to IBM-developed watsonx AI models.
  • Recognizing that a single model will not fit the unique needs of every business use case, the Granite models are being developed in different sizes.
  • Clients can develop AI applications using their own data along with the client protections, accuracy and trust afforded by IBM foundation models.
  • To learn more about the IBM Granite model series, now available on watsonx, visit here.

IBM Announces Availability of watsonx Granite Model Series, Client Protections for IBM watsonx Models

Retrieved on: 
Thursday, September 28, 2023

ARMONK, N.Y., Sept. 28, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) announced the general availability of the first models in the watsonx Granite model series — a collection of generative AI models to advance the infusion of generative AI into business applications and workflows. IBM also confirmed that the standard contractual intellectual property protections for IBM products will apply to IBM-developed watsonx AI models. IBM's Granite models apply generative AI to the modalities of language and code.

Key Points: 
  • IBM also confirmed that the standard contractual intellectual property protections for IBM products will apply to IBM-developed watsonx AI models.
  • Recognizing that a single model will not fit the unique needs of every business use case, the Granite models are being developed in different sizes.
  • Clients can develop AI applications using their own data along with the client protections, accuracy and trust afforded by IBM foundation models.
  • To learn more about the IBM Granite model series, now available on watsonx, visit here.

Workday Unveils New Generative AI Capabilities to Amplify Human Performance at Work

Retrieved on: 
Wednesday, September 27, 2023

SAN FRANCISCO, Sept. 27, 2023 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced multiple new generative AI capabilities that will help increase productivity, grow and retain talent, streamline business processes, and drive better decision-making. The new capabilities are being showcased at Workday Rising, the company's annual customer conference, and span the Workday platform to benefit all users – from finance and HR teams to people managers and individual users across an organization.

Key Points: 
  • "Generative AI has the potential to completely transform work as we know it," said Sayan Chakraborty, co-president, Workday.
  • Some of the ways businesses will benefit from new Workday generative AI capabilities include:
    Workday users create 30 million job descriptions per year – taking an average of one to two hours every time.
  • Read the blog, " How Workday Is Leading the Enterprise Generative AI Revolution ," by Jim Stratton, CTO, Workday.
  • Read the blog, " Responsible AI Governance at Workday ," by Rich Sauer, chief legal officer and head of corporate affairs, Workday.

Vectara Launches Boomerang: The Next-Gen Large Language Model Redefining GenAI Accuracy

Retrieved on: 
Tuesday, September 26, 2023

SANTA CLARA, Calif., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Large Language Model (LLM) builder Vectara , the trusted Generative AI (GenAI) platform unveiled Boomerang, a next-gen neural information retrieval model integrated into its end-to-end GenAI platform.

Key Points: 
  • SANTA CLARA, Calif., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Large Language Model (LLM) builder Vectara , the trusted Generative AI (GenAI) platform unveiled Boomerang, a next-gen neural information retrieval model integrated into its end-to-end GenAI platform.
  • Exceeds Cohere and is comparable to OpenAI in multidomain benchmark testing, allowing users to operationalize powerful GenAI without having to finetune a foundational model with their own data.
  • "At Vectara, we aim to solve the biggest problems facing Generative AI adoption today," said Amin Ahmad, Cofounder and CTO of Vectara.
  • Vectara has built its own model to deliver GenAI solutions to enterprise orgs that are cost-effective, secure, and reliable.

TruEra Launches TruEra AI Observability, the First Full Lifecycle AI Observability Solution Covering Both Generative and Traditional AI

Retrieved on: 
Wednesday, September 20, 2023

REDWOOD CITY, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- TruEra today launched TruEra AI Observability , the first full-lifecycle AI observability solution providing monitoring, debugging, and testing for ML models in a single SaaS offering.

Key Points: 
  • REDWOOD CITY, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- TruEra today launched TruEra AI Observability , the first full-lifecycle AI observability solution providing monitoring, debugging, and testing for ML models in a single SaaS offering.
  • TruEra AI Observability now covers both generative and traditional (discriminative) ML models, meeting customer needs for observability across their full portfolio of AI applications, as interest in developing and monitoring LLM-based apps is accelerating.
  • TruEra AI Observability offers new capabilities for testing and tracking LLM apps in development and in live use, so that risks are minimized while acceleratingLLM app development.
  • For more on full lifecycle AI Observability, get the whitepaper – “How to Manage AI Performance – Full Lifecycle AI Observability vs. Production-Only and KPI Monitoring”
    TruEra also introduced a free version of TruEra AI Observability focused on model testing, debugging, and evaluation.