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On Fri, 4 Oct, 12:03 AM UTC
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Credo AI debuts its Integrations Hub for embedded responsible AI - SiliconANGLE
Credo AI debuts its Integrations Hub for embedded responsible AI CredoAI Inc., the artificial intelligence governance software startup, said today it's making its new Integrations Hub generally available. The company says it now becomes simple for enterprises to connect their AI systems and applications to Credo AI's specialized platform that helps to automate risk and oversight management. The startup, which made headlines in late July when it closed on a $21 million round of funding, is on a mission to help companies adopt AI responsibly through its automated governance platform, which helps to ensure models are compliant with key regulations such as the EU's AI Act, NIST and ISO. Credo AI's software provides organizations a simple window through which they can monitor the compliance of all of their AI initiatives. It's designed to address both the manner of the data their AI models collect, and suggest controls that can be integrated to develop stronger guardrails that ensure they don't go "off the rails." What's unusual about Credo AI's governance platform is that it doesn't offer a one-size-fits-all approach, because it understands that every company and organization has different priorities when it comes to security and compliance. The startup therefore works with each of its customers to help understand what their values and priorities are in terms of AI, so it can better understand which tools they need to ensure their AI projects align with those goals. With today's launch of the Credo AI Integrations Hub, the startup is giving enterprises a simple way to integrate its governance automation tools with popular AI development tools such as Amazon SageMaker, Amazon Bedrock, MLFlow, Microsoft Azure Machine Learning, Weights & Biases, Hugging Face and Collibra, plus business platforms like Jira, ServiceNow, Salesforce, Microsoft Dynamics 365, Databricks and Asana. Credo AI makes it possible to bring all of the AI initiatives on the above platforms into a centralized governance platform where policies and compliance can easily be enforced across each of them. It helps to ensure that nothing on any of those platforms gets overlooked, with only the relevant data flowing into the governance processes. In doing this, Credo AI says it eliminates the burden of governance on data science and engineering teams by automating compliance checks for all of their AI models, enabling them to focus on the actual capabilities of their AI, rather than worrying about the risks. To customize their governance processes, customers can upload and categorize all of the documentation they require to prove their AI systems are meeting whatever safety, security, fairness and regulatory requirements they need to abide by. The platform can also connect to the underlying datasets that power each model, so that these adhere to the same requirements, the company said. As another advantage, Credo AI's Integrations Hub also makes it simple to generate documentation that demonstrates how customer's AI systems are meeting specific governance requirements. Credo AI founder and Chief Executive Navrina Singh said the Integrations Hub is the industry's first specialized AI governance tool that's able to integrate with existing business and AI platforms. "It enables companies to embed responsible AI governance as a core part of their operations," she said. "Not as an afterthought, but as a business imperative." Singh said she believes there are good reasons for companies to want to simplify AI governance. The company recently commissioned a survey by International Data Corp. that shows how more than 500 global executives believe responsible practices are key to helping boost metrics such as revenue, customer satisfaction, profitability and shareholder value through AI. In addition, it points to independent research from McKinsey Co., which shows how 91% of organizations feel "ill-prepared" to navigate the challenges of generative AI. Though the companies in the above surveys all have dedicated governance, risk management and compliance tools in place, they fear that these are not practical for AI use cases, since they were primarily designed for legacy software and applications. What's needed, Singh believes, is off-the-shelf governance tooling that's specifically geared to AI technologies. "AI's rapid evolution means organizations need governance solutions that not only ensure accountability, but also maximize the ROI on their AI and LLM investments," the CEO said.
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Credo AI's integrations hub automates governance for AI projects in Amazon, Microsoft, and more
Credo AI's Integrations Hub, now generally available, lets enterprise clients connect platforms where they build generative AI applications like Amazon Sagemaker, MLFlow and Microsoft Dynamics 365 to a centralized governance platform. Platforms where these applications are often deployed, like to Asana, ServiceNow or Jira can also be added to Integrations Hub. The idea is that enterprises working on AI applications can use Integrations Hub to connect to a central governance platform like Credo AI's governance platform. Instead of needing to upload documentation proving safety and security standards, the Integrations Hub will collect metadata from the applications that contain those metrics. Credo AI said Integrations Hub will directly connect with existing model stores, which are then automatically uploaded to the governance platform for compliance checks. The hub will also bring in datasets for governance purposes. Navrina Singh, founder and CEO of Credo AI, told VentureBeat that the integrations hub was designed to make AI governance, whether following data disclosure rules or internal policies around AI usage, become part of the development process at the very beginning. "All the organizations that we work with, primarily Global 2000 [companies], are adopting AI at a very fast pace and are bringing in new breeds of AI tools," Singh said. "When we looked across all the enterprises, one of the key things we wanted to enable for them was to extract the maximum value of their AI bets and make governance really easy, so they stop making excuses that it's difficult to do." Credo AI's Integrations Hub will include ready connections with Jira, ServiceNow, Amazon's SageMaker and Bedrock, Salesforce, MLFlow, Asana, Databricks, Microsoft Dynamics 365 and Azure Machine Learning, Weights & Biases, Hugging Face and Collibra. Any additional integrations can be customized for an additional fee. Governance at the onset Surveys have shown that responsible AI and AI governance, which normally looks at how applications meet any regulations, ethical considerations and privacy checkups, have become top of mind for many companies. However, these same surveys point out that there are few companies that assessed these risks. As enterprises grapple with how to be more responsible around generative AI, providing ways for organizations to easily figure out risks and compliance issues has become a new niche for many companies. Credo AI is just one of the companies offering different avenues to make responsible AI easily accessible. IBM's Watsonx suite of products includes a governance platform that lets users evaluate models for accuracy, bias and compliance. Collibra also released a suite of AI tools around governance that creates workflows to document and monitor AI programs. Credo AI does check applications for potential brand risks like accuracy. Still, it positions its platforms more as a means to meet current laws around automated platforms and any potential new regulation that would come out. There are still very few regulations around generative AI, though there have always been policies governing data privacy and data retention that some enterprises would have already been following thanks to machine learning or data rules. Singh said there are some geographies that do ask enterprises for reports around AI governance. She pointed to New York City Law 144, legislation prohibiting automated tools for employment decisions. "There are certain technical evidence you have to collect, like a metric called demographic parity ratio. Credo AI takes this New York City law and codifies it to check your AI Ops system, and since it's connected to your policies and to where you built your HR system, we can collect that metadata to meet the requirements of the law," Singh said.
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Credo AI introduces its Integrations Hub, enabling enterprises to connect AI systems with popular development tools for automated risk management and compliance.
Credo AI, an artificial intelligence governance software startup, has announced the general availability of its new Integrations Hub. This innovative platform aims to simplify the process of connecting enterprise AI systems and applications to Credo AI's specialized governance platform, automating risk and oversight management 1.
The Credo AI Integrations Hub offers seamless integration with popular AI development tools and business platforms, including:
This comprehensive integration allows enterprises to bring all their AI initiatives into a centralized governance platform, ensuring consistent policy enforcement and compliance across multiple platforms 1.
The Integrations Hub automates compliance checks for AI models, reducing the burden on data science and engineering teams. It enables organizations to:
Credo AI's platform stands out by offering a tailored approach to AI governance. The company works with each customer to understand their unique values and priorities, ensuring that the governance tools align with specific organizational goals 1.
Recent surveys highlight the growing importance of responsible AI practices:
The Integrations Hub is designed to help enterprises meet current and future AI regulations. For example, it can assist in complying with New York City Law 144, which prohibits automated tools for employment decisions. The platform codifies such laws and collects necessary metadata to meet legal requirements 2.
Credo AI's Integrations Hub enters a growing market for AI governance solutions. Competitors include:
As enterprises rapidly adopt AI technologies, Credo AI's Integrations Hub aims to position itself as a crucial tool for embedding responsible AI governance into core business operations, addressing the growing need for streamlined, effective AI risk management and compliance.
Credo AI, a startup focused on AI governance and compliance, has raised $21 million in a Series A funding round. The investment values the company at $101 million and aims to support the development of tools for responsible AI deployment.
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