Friday, November 22, 2024

Credo AI: Responsible AI Solutions for Every Use Case

Even still, privacy and surveillance, bia s and discrimination, and probably the deepest, most challenging philosophical subject of the age—the place of human judgment—present three key areas of ethical concern for society as a result of AI. Credo AI is an AI platform established in 2020 with the goal of resolving these problems. In order to ensure ethical, auditable, and compliant AI development at scale, the Palo Alto, California-based company positions itself as empowering organisations to create AI with the highest ethical standard. This is done by enabling business and technical stakeholders to measure, manage, and monitor risks introduced by AI. Navrina Singh and Eli Chen founded Credo AI in 2020 to provide context-driven governance and risk assessment to guarantee legal, ethical, transparent, and auditable AI development and use. With the help of its intelligent SaaS platform, businesses can assess, track, and manage risks brought on by AI on a large scale. Customers in the retail, banking, finance, insurance, defence, and high tech industries include AI First and Global 2000s. “One of the biggest lessons I learned from my family was that whatever you create should always be in service of the people and communities you are part of.  “That has been and will always be part of Credo AI’s DNA,” says Navriva Singh, Founder and CEO.

Although it is still early, the firm is seeing growth for its SaaS platform for AI governance. “We are already generating revenue. “As an early-stage start-up, I’m a huge believer in commending our lighthouse customers and our design partners who are those AI-first ethical companies,” says Singh. Customers of Credo AI are mostly among the top 2000 worldwide corporations. The first platform of its kind for responsible AI from Credo AI has been made available. Credo AI is credited for developing the first comprehensive and contextual governance solution for AI, and its SaaS offering aids enterprises in leveraging tools to standardise and scale their approach to responsible AI. Cross-functional teams may work together on Credo AI standards for responsible AI, including fairness, performance, privacy, and security. Through technical evaluations of datasets and machine learning (ML) models, the platform also enables teams to examine their AI use cases to make sure they adhere to the criteria. They can also examine the development procedures in detail. For more organised and understandable evaluations for various sorts of businesses, the platform uses Credo AI’s open source assessment framework. “Credo AI aims to be a sherpa for enterprises in their responsible AI initiatives to bring oversight and accountability to artificial intelligence and define what good looks like for their AI framework,” Singh adds. “We’ve pioneered a context-centric, comprehensive, and continuous solution to deliver responsible AI. Enterprises must align on responsible AI requirements across diverse stakeholders in technology and oversight functions, and take deliberate steps to demonstrate action on those goals and take responsibility for the outcomes.”

Credo, which stands for a collection of principles that direct the behaviour, was established on the tenet that technology should always serve people. Credo AI is more than a single item. They belong to a practising community. In order to create technologies that people can trust, they must lead by example and work to develop a team of creators and believers, a coalition of researchers and regulators, a movement of consumers and partners, and a team of builders and believers. The deep promise of AI calls for profound integrity. The standards being established by those with the fortitude to lead by living out their principles will change the path of history. If that describes you, Credo AI is here to help. Together, we’ll work to create a future that is prosperous and just for everyone.

Company:
Credo AI

Management:
Navriva Singh, Founder and CEO

Quote:

“We’ve pioneered a context-centric, comprehensive, and continuous solution to deliver responsible AI.”

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