IBM Launches watsonx.governance to Empower Businesses with AI Transparency
IBM has announced the upcoming release of watsonx.governance, a platform designed to enhance AI transparency and empower businesses in managing AI models. With the availability of generative AI models, such as Large Language Models (LLMs) or Foundation Models, businesses have access to numerous opportunities, but they also face new risks and complexities. One of the challenges is the lack of transparency in the data used to train these models and the explainability of their outputs.
watsonx.governance aims to address these concerns by providing organizations with a comprehensive toolkit to manage risk, embrace transparency, and anticipate compliance with future AI-focused regulations. It gives businesses the ability to monitor and govern models from various sources, whether they are obtained from tech providers or open-source communities.
The Senior Vice President of Product Management and Growth at IBM Software, Kareem Yusuf, stated that company boards and CEOs have been hesitant to leverage the benefits of powerful AI models due to the risks associated with their lack of transparency and governance. He emphasized that watsonx.governance serves as a one-stop solution for businesses struggling to deploy and manage both LLM and ML models. It automates AI governance processes, enables model monitoring, and provides increased visibility so that corrective actions can be taken when necessary.
To further support responsible AI adoption, IBM Consulting has expanded its strategic expertise. Their services encompass automated model governance, as well as organizational governance that covers people, processes, and technology. IBM consultants offer guidance in establishing AI ethics boards, fostering an accountable organizational culture, providing training, managing regulatory compliance and risks, and mitigating cybersecurity threats.
watsonx.governance is part of the IBM watsonx AI and data platform, which includes watsonx.ai for AI builders and watsonx.data for data management. Through this platform, enterprises can scale and accelerate the impact of AI. IBM has also recently introduced intellectual property protection for its developed watsonx models.
The launch of watsonx.governance and the expansion of IBM’s consulting services demonstrate the company’s commitment to enabling businesses to navigate the complexities of AI. As AI regulation evolves globally, the ability to automate AI governance processes and ensure compliance will become increasingly essential for enterprises.
In conclusion, IBM’s watsonx.governance will soon be available to help businesses enhance AI transparency, manage risk, and navigate the challenges associated with deploying AI models. With the support of IBM Consulting, organizations can also establish comprehensive AI governance frameworks. These advancements aim to empower businesses to leverage AI’s potential while adhering to best practices and regulatory requirements.
Sources:
– IBM Launches watsonx.governance to Empower Businesses with AI Transparency
– IBM Offers Clients Expanded AI Expertise To Help Scale AI Adoption Responsibly
