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Insight Partners and Amazon back $32M round for explainable AI startup Fiddler Labs

Insight Partners and Amazon back $32M round for explainable AI startup Fiddler Labs
siliconangle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconangle.com Daily Mail and Mail on Sunday newspapers.

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Fiddler Labs opens AI 'black box' to solve bias problem and enable compliance

Fiddler Labs opens AI 'black box' to solve bias problem and enable compliance
siliconangle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconangle.com Daily Mail and Mail on Sunday newspapers.

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Fiddler Labs aims to remove artificial intelligence bias inequities through 'explainability in AI'

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Understanding how an artificial intelligence system generates its predictions is crucial for avoidance of bias, says a startup that has been developing what it calls “explainability in AI.”
A person’s application for a loan, for example, being rejected or approved by AI needs to be analyzed for fairness.
“You can actually create a dystopian world where some people get really great decisions from your systems and where some people are left out,” said Krishna Gade (pictured), co-founder and chief executive officer of Fiddler Labs Inc.
Modeling data can be old or sourced incorrectly. That, among other things, causes problems. Gade believes that the black-box nature of an AI or machine learning engine, where one can’t simply open up the code and read it like you can traditional software, needs special tools. ....

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Changing The World With Breakthrough AI Innovation In The Age Of Regulation And Cancel Culture

Changing The World With Breakthrough AI Innovation In The Age Of Regulation And Cancel Culture
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

United States , Ali Baba , North Korea , Franco Bifo Berardi , European Commission , Boston Scientific , Synergy Research Group , Big Tech , Charles Edward Wilson Professor , Harvard Business School Shoshana Zuboff , Surveillance Capitalism , New Frontier , Diagnostic Robotics , Microsoft Azure , Google Cloud , Digital Transformation , Fiddler Labs , Cancel Culture , Shoshanna Zuboff , ஒன்றுபட்டது மாநிலங்களில் , அலி பாபா , வடக்கு கொரியா , ஐரோப்பிய தரகு , போஸ்டன் அறிவியல் , சினெர்ஜி ஆராய்ச்சி குழு , பெரியது தொழில்நுட்பம் ,

AI Governance Market projected to reach $1,016 million by 2026, with a remarkable CAGR of 65.5%

AI Governance Market projected to reach $1,016 million by 2026, with a remarkable CAGR of 65.5%
iCrowd Newswire
According to a new market research report
AI Governance Market by Component (Solutions (Platforms And Software Tools) and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare and Life Sciences, Government and Defense, and Automotive), and Region - Global Forecast to 2026″, published by MarketsandMarkets, the Market size to grow from USD 50 million in 2020 to USD 1,016 million by 2026, at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. Various factors such as increase in government initiatives to leverage the AI technology, rise in need for building trust in AI systems and growth in demand for transparency in AI decisions, and growth in regulatory compliances around the technology are expected to drive the adoption of the AI governance solutions and services. ....

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