Vienna-based watchdog FRA has requested guidance from the EU on how its current rules apply to AI for “high-risk sectors,” including healthcare and transportation. In part, the agency wants to ensure that people can approve decisions made by AI and require companies to explain how their systems utilize AI.
Malicious employee siphoned data for 2 years.
We reported yesterday on funding for Arthur, a tool to monitor AI model quality. Lest you think that was unique, here’s a $12.2 million second-seed funding for Truera, which helps to explain AI model contents. They had already raised $5.1 million. Maybe it’s overfitting the data, but we call it a trend.
Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.