Explainable artificial intelligence

Hanzo & ACEDS To Present Educational Webinar, Trustworthy AI Roundtable

Retrieved on: 
Tuesday, July 11, 2023

The webinar Trustworthy AI Roundtable: AI & Legal Tech Experts Discuss How To Ensure Your AI Approach is Explainable, Transparent, and Secure will explore the strategic adoption of AI in the legal industry.

Key Points: 
  • The webinar Trustworthy AI Roundtable: AI & Legal Tech Experts Discuss How To Ensure Your AI Approach is Explainable, Transparent, and Secure will explore the strategic adoption of AI in the legal industry.
  • The AI hype cycle is in full swing, with technologies like ChatGPT gaining immense attention across various sectors.
  • In this educational session, esteemed technology leaders, data scientists, and legal experts will shed light on the importance of AI education for legal departments.
  • Our panelists will delve into key considerations for evaluating AI solutions for managing complex collaboration data, ensuring trustworthiness, explainability, transparency, fairness, robustness, and security.

Quantexa Bringing Total Global Investment in Artificial Intelligence Research and Development to Over $250M by 2027

Retrieved on: 
Monday, July 10, 2023

LONDON and NEW YORK, July 10, 2023 (GLOBE NEWSWIRE) -- Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it will invest over $155M in the global artificial intelligence (AI) industry over the next three years to help clients advance the use of AI to protect, optimize, and grow their organizations. By 2027, Quantexa’s total global investment in AI will reach more than $250M.The investment marks Quantexa’s continued advancements in AI with the preview of its Generative AI technology, Q Assist. Quantexa also furthered its commitment to advancing the company’s existing AI Stack to enable its growing global ecosystem of clients and partners to unlock new industry-specific use cases for financial services, insurance, telecommunications, healthcare, and in the public sector. Quantexa’s Decision Intelligence platform and suite of solutions for data management, customer intelligence, KYC, risk, fraud, and financial crime have been deployed in over 70 countries. Analysis from the University of Washington suggests this investment will boost the global AI industry by $760M as the multiplier effect is realized. AI in Context: How Quantexa Augments and Automates Decision Intelligence with AI

Key Points: 
  • By 2027, Quantexa’s total global investment in AI will reach more than $250M.
  • The investment marks Quantexa’s continued advancements in AI with the preview of its Generative AI technology, Q Assist.
  • Quantexa’s Decision Intelligence platform and suite of solutions for data management, customer intelligence, KYC, risk, fraud, and financial crime have been deployed in over 70 countries.
  • Analysis from the University of Washington suggests this investment will boost the global AI industry by $760M as the multiplier effect is realized.

British AI Firm, Quantexa, Commits to Over £200M in AI Research and Development Investment by 2027

Retrieved on: 
Monday, July 10, 2023

LONDON and NEW YORK, July 09, 2023 (GLOBE NEWSWIRE) -- Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it will invest an additional £125M in the global artificial intelligence (AI) industry over the next three years to help clients advance the use of AI to protect, optimise, and grow their organisations. By 2027, Quantexa’s total global investment in AI will reach more than £200M.

Key Points: 
  • By 2027, Quantexa’s total global investment in AI will reach more than £200M.
  • The investment marks Quantexa’s continued advancements in AI with the preview of its Generative AI technology, Q Assist.
  • Analysis from University of Washington suggests this investment will boost the global AI industry by £600M as the multiplier effect is realised.
  • Composite AI: Quantexa’s Composite AI Stack aggregates the outputs of many different techniques, including machine learning, natural language processing and deep learning.

Boosted.ai named to the 2023 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups

Retrieved on: 
Thursday, July 6, 2023

CB Insights named Boosted.ai to its seventh annual AI 100 ranking , showcasing the 100 most promising private artificial intelligence companies in the world.

Key Points: 
  • CB Insights named Boosted.ai to its seventh annual AI 100 ranking , showcasing the 100 most promising private artificial intelligence companies in the world.
  • "This year’s AI 100 cohort are developing game changing innovations that meaningfully impact the world around them," said Brian Lee, SVP of CB Insights’ Intelligence Unit.
  • “From healthcare to climate tech, we’ve seen incredibly novel applications of AI, particularly in the generative AI space.
  • This is validation that artificial intelligence tools to predict investor needs and surface relevant insights are crucial to asset managers."

Beyond Limits and AtScale Partner to Deliver Business-Ready Applied AI Solutions

Retrieved on: 
Thursday, June 29, 2023

This transformation is being driven by enterprise analytics and AI technologies delivered as applied solutions that solve real world challenges and result in value-creating decision support at all levels.

Key Points: 
  • This transformation is being driven by enterprise analytics and AI technologies delivered as applied solutions that solve real world challenges and result in value-creating decision support at all levels.
  • “The opportunity to bring applied AI solutions to the modern industry is massive,” said Chris Lynch, CEO and Executive Chairman of AtScale.
  • Hybrid AI Modeling Designed for Business Impact and ROI: Create an AI program grounded in trust and transparency.
  • “There is a natural synergy between Beyond Limits and AtScale,” said AJ Abdallat, Founder and CEO of Beyond Limits.

Deloitte Digital and Salesforce Collaborate to Help Unleash the Power of AI for CRM

Retrieved on: 
Thursday, June 29, 2023

NEW YORK, June 29, 2023 /PRNewswire/ -- Today, Deloitte Digital and Salesforce announced a collaboration to provide organizations around the world with the accelerators and strategies they need to deploy trusted AI for CRM. Deloitte Digital will offer its AI services, industry experience, and deep knowledge of data protection to help organizations implement and scale Salesforce AI Cloud, Salesforce's suite of trusted, open and business-ready generative AI-powered applications. Together, Deloitte Digital and Salesforce will help clients harness the power of AI for CRM to deliver tailored customer experiences, supercharge company productivity and safeguard their data.

Key Points: 
  • Deloitte Digital will offer its AI services, industry experience, and deep knowledge of data protection to help organizations implement and scale Salesforce AI Cloud, Salesforce's suite of trusted, open and business-ready generative AI-powered applications .
  • Together, Deloitte Digital and Salesforce will help clients harness the power of AI for CRM to deliver tailored customer experiences, supercharge company productivity and safeguard their data.
  • Deloitte Digital will collaborate with Salesforce to offer clients a comprehensive set of tools to help accelerate their AI for CRM journeys and implement AI in an effective and trustworthy way.
  • Delivering work in over 40 countries, Deloitte Digital will bring its global breadth and depth of Salesforce experience to help clients deploy AI for CRM at scale.

Binarly Wins Finalist Spot at Black Hat Startup Spotlight Competition

Retrieved on: 
Wednesday, June 28, 2023

Binarly, providers of the industry’s first AI-powered firmware supply chain protection platform, has won a spot as one of four finalists at the annual Black Hat Startup Spotlight competition.

Key Points: 
  • Binarly, providers of the industry’s first AI-powered firmware supply chain protection platform, has won a spot as one of four finalists at the annual Black Hat Startup Spotlight competition.
  • Binarly founder and Chief Executive Officer (CEO) Alex Matrosov will present groundbreaking products and capabilities built into the Binarly Transparency Platform to a panel of esteemed judges and a live audience at Black Hat USA in Las Vegas.
  • The Black Hat Startup Spotlight presentations, scheduled for Wednesday, August 9, 2023, provide a prominent stage for early-stage companies to demonstrate products and solutions with major impact on cybersecurity problems.
  • As a finalist, Binarly has secured a turnkey startup booth at Black Hat USA 2023 and a 10-minute speaking session at the Startup City Open Stage event.

Jonas Andrulis Earns WTF Innovators Award

Retrieved on: 
Wednesday, June 28, 2023

SALT LAKE CITY, June 28, 2023 /PRNewswire/ -- QuHarrison Terry presents Jonas Andrulis, CEO of Aleph Alpha , with the WTF Innovators Award for building tools that combat AI hallucinations by providing transparency and verifiability in generative AI output.

Key Points: 
  • SALT LAKE CITY, June 28, 2023 /PRNewswire/ -- QuHarrison Terry presents Jonas Andrulis, CEO of Aleph Alpha , with the WTF Innovators Award for building tools that combat AI hallucinations by providing transparency and verifiability in generative AI output.
  • The WTF Innovators Award recognizes excellence at the precipice of societal change, with the inaugural class focusing on AI innovators.
  • We present "Shining", produced by Nimso , to Jonas Andrulis.
  • Prior to founding Aleph Alpha in 2019, Jonas Andrulis founded Pallas Ludens in 2014.

OTORIO Transforms OT Security with Advanced Attack Graph Analysis

Retrieved on: 
Wednesday, June 28, 2023

TEL AVIV, Israel, June 28, 2023 /PRNewswire/ -- OTORIO, the leading provider of operational technology (OT) cyber and digital risk management solutions, today announced a significant advancement in OT security with the availability of its Attack Graph Analysis technology, integrated into the company's powerful Cyber Digital Twin (CDT) model. By leveraging the capabilities of the CDT, organizations can now gain dynamic visual network topology and advanced risk assessment, enabling the proactive management of vulnerabilities in their OT infrastructure. This announcement follows the company's recent securing of a patent from the U.S. Patent and Trademark Office (USPTO) for its risk management model and attack graph analysis algorithm.

Key Points: 
  • Even organizations with skilled OT security personnel face challenges when protecting operational environments due to their complexities and the shortcomings of existing OT security solutions.
  • Attack Graph Analysis empowers organizations to prioritize their security efforts by providing actionable insights into the most critical vulnerabilities and potential attack vectors.
  • The CDT and Attack Graph Analysis technology are built on three key pillars:
    Automation -- OTORIO streamlines security processes, reducing human error and enabling rapid response.
  • "Our Cyber Digital Twin and patent-protected Attack Graph Analysis are game-changing solutions for OT security, and we're thrilled to provide them to our customers," said Ben Reich, Chief Platform Architect at OTORIO.

First Rate and bondIT Announce Strategic Partnership to Provide AI-Driven Fixed Income Analysis and Reporting Solutinos for the US Wealth Market

Retrieved on: 
Tuesday, June 27, 2023

ARLINGTON, Texas, June 27, 2023 /PRNewswire-PRWeb/ -- First Rate, a leading provider of wealth management solutions to the financial services marketplace, and bondIT, a leading provider of next-generation investment technology, announced today their partnership to provide advanced Explainable AI (XAI) technology and an innovative API-driven client reporting tool to wealth management firms. This strategic partnership is driven by the initiative to facilitate better investment decision making and enhance transparency.

Key Points: 
  • First Rate and bondIT's partnership will provide advanced Explainable AI (XAI) technology and an innovative API-driven client reporting tool to wealth management firms.
  • This strategic partnership is driven by the initiative to facilitate better investment decision making and enhance transparency.
  • "Through our partnership, bondIT and First Rate empower wealth managers with advanced tools and capabilities to enhance their credit risk research and reporting," explains David Curtis , Partner at bondIT.
  • "The partnership of First Rate and bondIT adds strategic value to customers of both firms by providing insight into their fixed income assets' risk and opportunities through explainable AI and top-tier client reporting.