Monday, November 25, 2024

IBM Unveils watsonx.governance to Help Businesses & Governments Govern and Build Trust in Generative AI

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IBM announced that watsonx.governance will be generally available in early December to help businesses shine a light on AI models and eliminate the mystery around the data going in, and the answers coming out.

While generative AI, powered by Large Language Models (LLM) or Foundation Models, offers many use cases for businesses, it also poses new risks and complexities, including training data scraped from corners of the internet that cannot be validated as fair and accurate, all the way to a lack of explainable outputs. Watsonx.governance provides organizations with the toolkit they need to manage risk, embrace transparency, and anticipate compliance with future AI-focused regulation.

As businesses today are looking to innovate with AI, deploying a mix of LLMs from tech providers and open sources communities, watsonx enables them to manage, monitor and govern models from wherever they choose.

Also Read: Rockset Expands AI Capabilities to Power Billion-Scale Vector Search in the Cloud

“Company boards and CEOs are looking to reap the rewards from today’s more powerful AI models, but the risks due to a lack of transparency and inability to govern these models have been holding them back,” said Kareem Yusuf, Ph.D, Senior Vice President, Product Management and Growth, IBM Software. “Watsonx.governance is a one-stop-shop for businesses that are struggling to deploy and manage both LLM and ML models, giving businesses the tools, they need to automate AI governance processes, monitor their models, and take corrective action, all with increased visibility. Its ability to translate regulations into enforceable policies will only become more essential for enterprises as new AI regulation takes hold worldwide.”

IBM Consulting has also expanded their strategic expertise to help clients scale responsible AI with both automated model governance and organizational governance encompassing people, process and technology from IBM and strategic partners. IBM consultants have deep skills in establishing AI ethics boards, organizational culture and accountability, training, regulatory and risk management, and mitigating cybersecurity threats, all using human-centric design.

Watsonx.governance is one of three software products in the IBM watsonx AI and data platform, along with a set of AI assistants, designed to help enterprises scale and accelerate the impact of AI. The platform includes the watsonx.ai next-generation enterprise studio for AI builders and the watsonx.data open, hybrid, and governed data store.

SOURCE: IBM

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