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27 October 2021Risk Management

Credo AI launches comprehensive governance platform for AI

Credo AI has launched a comprehensive governance platform for artificial intelligence. As AI adoption continues to grow at a breakneck pace, so do troubling examples of unfair algorithms, inscrutable models, and AI systems that are not aligned with human values. These failures represent an enormous problem and undermine public trust in AI. Companies are struggling to govern the AI systems they deploy. To solve this problem, the Credo AI platform provides tools that help companies ensure their AI systems and machine learning models are aligned with ethical, regulatory, and business requirements.

Credo AI is a single platform for managing compliance and risks of AI deployment at scale. It uses a context-sensitive risk framework to help organisations deploy scalable, responsible AI systems faster and with greater confidence.

With Credo AI, organisations are able to understand where their AI applications, ML models, and processes are falling short. The aim is efficient AI development, transparency at every stage from system design to production monitoring, a continuous view of risks and compliance, and trustworthy AI systems that can be held accountable.

Credo AI was founded in 2020 by Navrina Singh and Eli Chen (pictured), inspired by the mission to help organisations build AI aligned with human values. Navrina is a 20-year product veteran of Microsoft and Qualcomm, an executive board member of the Mozilla Foundation guiding its trustworthy AI charter, a Young Global Leader with the World Economic Forum, and a former member of the Global Council of AI guiding policies and regulations in responsible AI. Eli is an experienced engineering leader from Netflix and Twitter. Credo AI has raised $5.5M to date in total funding from Decibel, AI FUND, and Village Global.

Navrina Singh, founder and CEO of Credo AI said: “Companies are weaving AI into the fabric of modern life. But its tremendous power comes with tremendous risks, from demographic bias to failing to comply with emerging regulations. To scale AI responsibly, you need to understand and manage those risks.

“With a comprehensive AI governance platform, organisations can earn customer and stakeholder trust. The organisations that prioritise positive impact and responsible development of their AI systems will ultimately be the leaders of the AI revolution. We want Credo AI to be their partner in serving humanity responsibly through AI.”

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