Casper Labs, a provider of blockchain software and services, has announced that it will integrate its new Prove AI product with IBM’s “watsonx.governance” platform. This announcement was made by Casper Labs CEO Mrinal Manohar at the IBM Think conference, where he also revealed that Prove AI has secured its first design partner.
Prove AI is set to offer advanced functionalities such as security, version control, multiparty access control, and advanced auditing for generative AI training data sets through audit logs. Casper Labs has developed this solution on its Casper blockchain, which operates across both permissioned and permissionless networks. Prove AI can be seamlessly added to watsonx.governance and is fully integrated into IBM’s services, as explained by Casper Labs to Cointelegraph.
“As regulators begin to demand greater accountability from businesses working with AI, there’s a clear and urgent need for businesses to de-risk AI initiatives,” stated Manohar. Prove AI will enable businesses to revert to earlier versions of data sets, allowing them to diagnose issues such as hallucinations, bias, and performance problems.
This AI governance solution was developed in collaboration with IBM Consulting, as announced in January. It was designed to leverage IBM’s existing analytics and policy enforcement capabilities. Governance may involve compliance with legislation such as the European Union’s AI Act, passed in March, or standards set by industry regulators.
GreyscaleAI, a California-based firm that specializes in building and managing inspection systems for the food, drink, and medicine industries, will serve as Prove AI’s first design partner. They utilize high-resolution X-ray imaging and AI algorithms to identify packaging errors and unwanted materials in products. GreyscaleAI will be using the beta version of Prove AI, with a full-scale launch expected in the third quarter of 2024.
In addition to the integration with Casper Labs, IBM has also announced its partnership with the Saudi Data and Artificial Intelligence Authority to incorporate the ALLaM Arabic text generation model into watsonx. IBM plans to replace up to 7,800, or 30%, of its back-end workers with AI within the next five years.
Casper Labs launched its blockchain in 2020 after transitioning from Ethereum. In 2021, the company introduced its native CSPR token, which has garnered significant interest from investors. As of May 21, the token was trading at $0.030 with a market cap of $355 million and a trading volume of $10 million, reaching a year-long high of $0.056 on January 4.
In conclusion, the integration of Prove AI with IBM’s watsonx.governance platform and the partnerships with GreyscaleAI and the Saudi Data and Artificial Intelligence Authority showcase the growing importance of AI governance and accountability in the business world. The use of blockchain technology and advanced functionalities provided by Prove AI can help mitigate risks and ensure the responsible use of AI in various industries.