Wednesday, May 25, 2022
HomeNewsAnch.AI Launches Ethical Artificial Intelligence Governance Platform

Anch.AI Launches Ethical Artificial Intelligence Governance Platform

It is a highly capable solution that allows organizations to quickly and efficiently adapt responsible AI solutions and gain control over their ethical AI risks.

A leading expert on the effects of digitalization on organizations, Anch.AI announces the launch of its new ethical artificial intelligence governance platform. 

The newly launched platform will act as a one-stop-shop for businesses looking for ethical AI governance. According to the company, its AI governance platform offers multiple services such as screening, assessment, auditing, mitigation, reporting tools, and others. 

The features enable companies and their technology, legal, and business teams to manage compliance and risk exposures on any artificial intelligence solutions in their environment. 

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It is a highly capable solution that allows organizations to quickly and efficiently adapt responsible AI solutions and gain control over their ethical AI risks. 

Göran Sundin, an AI strategist at Swedish Tax Agency, said, “Anch.AI is a trusted partner of three years, supporting us to achieve ethical AI through transparency and alignment across our organization.” 

Anch.AI’s novel platform uses the following methods to provide recommendations for businesses helping them in avoiding costly and damaging risks – 

  • Screening specific AI solutions for ethical pitfalls.
  • Evaluating the ethical vulnerabilities to which the AI solution or the organization is exposed.
  • Using risk-mitigation tools based on specific risk exposure.
  • Continuously auditing ethical AI performance.
  • Reporting on ethical AI performance

Sweden-based artificial intelligence company Anch.AI was founded by Anna Fellander in 2018. The firm specializes in assessing the effects of digitalization on organizations, society, and the economy to determine the ethical and societal risks of artificial intelligence. To date, Anch.AI has raised more than $2 million from investors like Benhamou Global Ventures, Terrain Invest, and many others over one funding round. 

Founder of Anch.AI, Anna Fellander, said, “Ethical AI is not just about mitigating legal and reputational risk, it’s the right thing to do to gain trust among stakeholders and clients. Beyond compliance measures, organizations need to be accountable for their use of AI.” 

She further added that their platform provides companies with the tools they need for cross-team collaboration allowing them to visualize all ethical considerations and trade-offs, enabling them to stay true to human values along with their organizational values.

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Dipayan Mitra
Dipayan Mitra
Dipayan is a news savvy writer, who does not leave a single page of news paper unturned. He is also a professional vocalist who enjoys ghazals. Building a dog shelter is his forever dream.

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