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Vienna-based AI governance and compliance solutions provider Daiki GmbH today announced the completion of a €1.5 million seed funding round. The funds will be used to support the company's expansion into the European market and product development, marking a significant step for Daiki in promoting the responsible deployment of AI by European enterprises. Daiki offers SaaS compliance solutions tailored to the EU AI Act and ISO standards, including ISO 13485 certification for medical device manufacturers. The product, developed by a multidisciplinary team of experts, includes integrated documentation and quality management.

On the day of the announcement, the UN's artificial intelligence advisory body released its final report, presenting seven important recommendations aimed at addressing the governance risks and challenges posed by artificial intelligence (AI). This report was published on the eve of the UN summit scheduled for September, attracting widespread attention. Note: The image was generated by AI, and the image is licensed by service provider Midjourney. Since the launch of ChatGPT by OpenAI in 2022 with Microsoft's support, the use of AI technology has rapidly expanded, along with concerns about misinformation and fake news.

The World Privacy Forum report indicates that over one-third of AI governance tools have 'defect corrections' that affect fairness and explainability assessments. Some tools and technologies developed by companies like Microsoft, IBM, and Google have also been found to have issues, raising concerns. The lack of quality assurance and evaluation requirements is the main problem, as some tools may have issues in different contexts and 'out-of-label usage'. Experts suggest that through collaboration between international organizations and standard-setting bodies, substantial improvements in AI governance tools could be achieved by 2024.

IBM has launched Watsonx Governance to help enterprises improve AI model transparency. Watsonx Governance provides tools for managing risks and enhancing transparency. IBM's consulting services expand strategic expertise to assist clients in achieving responsible AI. Watsonx Governance is one of three new software products within the Watsonx AI platform. IBM also announced intellectual property protections for its Watsonx models.

IBM has announced the acquisition of the data lineage platform Manta to enhance its AI governance capabilities. Manta will help IBM increase the transparency of AI models to determine whether the right data is being used to build AI systems. Manta also assists enterprises in discovering and anonymizing sensitive data to reduce the risk of leaks. IBM and Manta have been collaborating since June 2022 to provide functionality in IBM's AI governance. Manta's clients include well-known companies such as T-Mobile, BMO, and J.B. Hunt.