We’re excited to bring Transform 2022 back to life on July 19th and virtually July 20-28. Join AI and data leaders for sensible conversations and exciting networking opportunities. Register today!
As Artificial Intelligence (AI) and Machine Learning (ML) now serve as key features to make IT systems faster, more accurate, and more profitable for the bottom line of the enterprise, the importance of transparency in how these components work becomes even more complex. . Why? Prejudices can occur in the AI / ML model as they do in humans, and when they do, questions can become confusing and distorted analysis can cause product results to be inaccurate.
Explainable AI is important for building trust, compliance and less biased AI models. Both consumers and regulators want to know more about what’s inside the black box. Most monitoring tools leave blind spots, alerting data analysts about problems but not the causes.
TruEra, based in Redwood City, California, which provides a suite of AI quality management tools to manage model performance and persuasion, announced today that Hewlett-Packard Enterprise has invested in HPE’s venture capital program, Hewlett-Packard Pathfinder. This will extend the $ 25M Series B round of Truira, announced in March.
TruWeira allows the enterprise not only a deeper understanding of their machine-learning models but also to identify the root cause of the problems and refer to them almost immediately, Ali Wasti, managing director of Hewlett-Packard Pathfinder, told VentureBeat. Called TruEra Monitoring and based on the company’s AI Quality Platform, this tool looks for AI quality metrics that include bias, model stability over time – and what features are causing problems.
“TruEra addresses AI’s next big challenge – the quality challenge,” the population said. “TruEra’s solutions help ML teams explain, evaluate and test the performance, risk and responsive AI characteristics of models during the development phase and then monitor their live use to ensure fast debugging and optimal ongoing performance.”
How will HPE innovate?
How does HPE plan to innovate in this space with its investment in Truira?
“HPE customers are rapidly adopting AI initiatives and are excited about the value they are already seeing,” the population told VentureBeat. “Getting quality AI models and getting MLops properly is the key to organizing and scaling machine learning models that capture the full potential of an AI-based solution. TruEra is known for its deep expertise, diverse technology and hands-on experience, helping companies deliver and monitor AI applications. “
HPE has recently been added to its AI offering. In addition to the new partnership with TruEra, the IT giant also offers the following:
- HPE Ezmeral MLOps, an MLops solution that allows users to create, train and configure models with DevOps-like speed and agility to operate the machine learning lifecycle and speed up your workload;
- HPE Infosite, which helps users gain cloud operational experience in managing apps and data from edge to cloud with the industry’s most advanced AI for infrastructure; Others
- DeterminedAI’s 2021 acquisition, which will combine HPE-defined AI’s innovative open-source AI training platform with its high-performance computing solutions to enable machine learning engineers for AI at time-to-production speeds.
“Hewlett-Packard Enterprise is known for its ability to ensure that the enterprise is a reliable provider and delivers cutting-edge innovation-proven results,” said Will Upington, CEO and co-founder of TruEra, in a media advisory. “We look forward to working closely with the HPE team as a partner on customer engagement.”
To date, TruEra has raised more than M 45M from investors including Menlo Ventures, Greylock Partners and Wing Venture Capital. The Technology Foundation for the Company originated from academic research conducted at Carnegie Mellon University by Anupam Dutta, co-founder of Truira, and Shayk Sen.
According to CBInsights.com, TruEra competitors in the space include:
- Creed A.I.
Venturebeat’s mission Transformative Enterprise is about to become a digital town square for technology decision makers to gain knowledge about technology and transactions. Learn more about membership.