AI Rating, a London-based startup that has created an AI governance and administration platform, has emerged from stealth with greater than $1m (£760,000) in funding.
Constructed inside GALLOS Applied sciences, a enterprise studio for safety, defence and resilience firms, AI Rating goals to permit organisations to make use of automation know-how safely.
The group’s platform is used to supply real-time visibility of how an organization is utilizing AI, making certain that any compliance dangers or security considerations are highlighted and handled.
In response to the startup, its platform exhibits enterprise leaders how AI is getting used, the place it creates worth and the place it creates dangers.
“We stand on the precipice of a brand new age the place an organisation’s very existence will rely on how efficiently it may innovate with AI,” mentioned Alex Harland, co-founder and chief govt of AI Rating.
“The normal manner of doing governance merely isn’t sufficient. That’s why, at AI Rating, we’re reinventing governance for the AI Age. We energy leaders and organisations with the intelligence and precision they should drive AI innovation — doing it securely, responsibly, and with most affect.”
AI Rating has already appointed a handful of distinguished names to its advisory board, together with former GCHQ head Sir Jeremy Fleming and former HSBC Financial institution Europe boss Colin Bell.
Josh Burch, the co-founder and managing accomplice of GALLOS Applied sciences can be on the advisory board.
“We’ve seen, by way of our expertise in intelligence and enterprise, the risks in addition to the alternatives inherent in how organisations use AI. Giant elements of the company world haven’t but absorbed the dangers they’re operating. We’re actually pleased with what the AI Rating staff has achieved to date, and the way they’ve grown already,” mentioned Burch.
“Co-founders Alex Harland and Benita Tibb have constructed a product that may rework the way in which firms have a look at their AI governance, by permitting them to view their governance and efficiency analytics in a single house. With the complete backing of the GALLOS staff and advisory board, we stay up for serving to AI Rating proceed to develop.”
