Since September 2022, online searches for the term ‘generative AI’ have increased by 7900%, according to Google Trends. It is…
Effective model risk management framework for AI/ML based models
In the past few years, Artificial Intelligence (AI)/Machine Learning (ML) models have become prominent instruments in a multitude of sectors….
Empowering ethical AI: trust, transparency and sustainability in action
The EU AI Act is landmark legislation that addresses the risks and vulnerabilities that traditional data protection frameworks may not…
Faceoff: Auditable AI Versus the AI Blackbox Problem
For some, auditable AI is the same as explainable AI. For others, it means something entirely different. Meanwhile, FICO is…
Industry and Academia Discuss AI Explainability and Its Immediate Impact in Expert Panel
NEW YORK–(BUSINESS WIRE)–Last week, leading experts from academia, industry and regulatory backgrounds gathered to discuss the legal and commercial implications…
Latest World Tech News: AI, Robotics, Trends
In today’s rapidly evolving technological landscape, artificial intelligence stands at the forefront of innovation, advancing at an unprecedented pace globally….
Algorithmic bias detection and mitigation: Best practices and policies to reduce consumer harms
The private and public sectors are increasingly turning to artificial intelligence (AI) systems and machine learning algorithms to automate simple…
Is AI in medicine playing fair? Researchers stress-test generative models, urging safeguards
As artificial intelligence (AI) rapidly integrates into health care, a study by researchers at the Icahn School of Medicine at…
Generative AI security best practices to mitigate risks
When tackling AI security issues, enterprises should minimize shadow IT risks, establish an AI governance council and train employees on…
AI adoption challenges: an ethical dilemma for auditors
Artificial intelligence offers a lot of opportunities for audit firms and practitioners, but implementing AI solutions into audit functions comes…