TruEra Selected as Finalist for Fast Company’s 2021 World-Changing Ideas Awards

TruEra Selected as Finalist for Fast Company’s 2021 World-Changing Ideas Awards

TruEra honored in AI and Knowledge Class for its AI explainability and mannequin high quality options, guaranteeing the efficient and accountable use of AI

TruEra helps corporations implement AI responsibly

TruEra’s Model Intelligence Platform helps companies optimize their use of AI by analyzing model quality, increasing transparency.

TruEra’s Mannequin Intelligence Platform helps corporations optimize their use of AI by analyzing mannequin high quality, growing transparency.

REDWOOD CITY, Calif., Might 04, 2021 (GLOBE NEWSWIRE) — TruEra, which supplies the primary suite of Mannequin Intelligence options for AI explainability and mannequin high quality, introduced at present that it has been named a finalist for Quick Firm’s 2021 World-Altering Concepts Awards, honoring the companies, insurance policies, initiatives, and ideas which might be actively engaged and deeply dedicated to pursuing innovation with regards to fixing well being and local weather crises, social injustice, and financial inequality.

TruEra’s Mannequin Intelligence Platform, which helps corporations optimize their use of AI by analyzing mannequin high quality, growing transparency, and mitigating unfair bias, was honored within the AI and Knowledge class.

“Synthetic Intelligence and machine studying symbolize an enormous alternative for profit to the world, by way of effectivity, effectiveness, and new services and products,” stated Anupam Datta, co-founder, President, and Chief Scientist, TruEra. “And it might additionally assist obtain the beliefs of a fairer society when utilized in a considerate, aware method — an space that our workforce has been deeply concerned in over the previous decade. If misused or used carelessly, nevertheless, it might result in destructive outcomes or, worse, perpetuate or exacerbate inequality or bias.”

“To ensure that AI applied sciences to beat issues and obtain its potential, organizations have to do a greater job of guaranteeing mannequin high quality and equity,” stated Datta. “This contains not solely explainability, the flexibility to obviously determine and doc how a mannequin works, but in addition 4 important areas of high quality: stability, reliability, accuracy, and equity. TruEra’s options assist corporations all through the mannequin lifecycle, from improvement and validation to reside use, giving them confidence that fashions are performant and truthful. Finally, we assist AI obtain a objective that’s presently arduous to understand: belief.”

TruEra, which launched in August 2020, has already made a big impression within the AI area. The TruEra platform is deployed at and delivering worth to various Fortune 100 clients, together with world financial institution Commonplace Chartered. In December 2020, TruEra introduced a $12M funding spherical to assist speed up the go-to-market of its Mannequin Intelligence Platform. In March 2021, the corporate was named to Quick Firm’s Annual Record of the World’s Most Modern Corporations for AI.

“There isn’t a query our society and planet are going through deeply troubling instances. So, it’s essential to acknowledge organizations which might be utilizing their ingenuity, impression, design, scalability, and keenness to resolve these issues,” stated Stephanie Mehta, editor-in-chief of Quick Firm. “Our journalists, beneath the management of senior editor Morgan Clendaniel, have found a few of the most groundbreaking initiatives which have launched for the reason that begin of 2020.”

Now in its fifth yr, the World Altering Concepts Awards showcase 33 winners, greater than 400 finalists, and greater than 800 honorable mentions—with Well being and Wellness, AI & Knowledge among the many hottest classes. A panel of eminent Quick Firm editors and reporters chosen winners and finalists from a pool of greater than 4,000 entries throughout transportation, schooling, meals, politics, know-how, and extra.

Showcasing a few of the world’s most revolutionary entrepreneurs and firms tackling exigent world challenges, Quick Firm’s Summer time 2021 challenge will likely be on newsstands Might 10.

To be taught extra about TruEra go to https://truera.com/.

About TruEra

TruEra supplies the primary suite of Mannequin Intelligence options that assist enterprises analyze machine studying, enhance and monitor mannequin high quality, and construct belief. Powered by enterprise-class Synthetic Intelligence (AI) Explainability know-how primarily based on six years of analysis at Carnegie Mellon College, the TruEra platform helps get rid of the black field surrounding extensively used AI and ML applied sciences. This visibility results in increased high quality, explainable fashions that sustainably obtain measurable enterprise outcomes, handle unfair bias, and guarantee governance and compliance. To be taught extra, go to https://truera.com/.

Media contact:
Michelle Faulkner
Huge Swing
617-510-6998
[email protected]

An infographic accompanying this announcement is out there at https://www.globenewswire.com/NewsRoom/AttachmentNg/d17882af-8801-4a4b-b6db-86075fcfae9d

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