OTTAWA, Mar. 1, 2019 /PRNewswire-PRWeb/ -- Today NuEnergy.ai announced it has fully qualified for the Canadian Government AI Source List, making the company eligible to participate in bids to supply AI services, technology and applications. NuEnergy.ai, a bold Canadian startup, is now positioned to provide its patent-pending Machine Trust Index (MTI) methodologies to help safeguard Canadian citizens from the unintended consequences of machine learning technology and artificial intelligence algorithms. MTI is seen as an important methodology as governments move to implement machine learning and artificial intelligence across their operations.
Niraj Bhargava, CEO of NuEnergy.ai, explains that the MTI set of tools allows clients considering AI or implementing AI to proactively identify and monitor trust risks as they deploy these sophisticated algorithms. Bhargava states, "The public and private sector utilize many checks and balances for human trust – it is now time we develop them to establish trust of AI machines."
MTI is a model that quantifies and scores the trust elements of bias, privacy, transparency and ethics in an AI system. It ensures these elements are customized to the specific system and compliant to the trust, policy and legal requirements of the organization or industry.
Bhargava continued, "The time is now. AI and Big Data are accelerating forward with great promise to solve some of the world's biggest problems. However," he adds, "If you can't measure AI, you can't manage AI."
Unlike other companies on this Federal Government approved source list, NuEnergy.ai is the only company that is solely focused on assessing and monitoring trust of AI and Machine Learning systems. NuEnergy.ai has also integrated Treasury Board directives such as the Algorithmic Impact Assessment making it easy for departments to both meet directives and create an assessment model specific to their needs.
Dr. Evan Steeg, a NuEnergy.ai Associate who completed his PhD under the supervision of AI pioneer Dr. Geoffrey Hinton, commented, "NuEnergy is making great progress in the field of trust and governance around the potential consequences of machine learning and AI. We need systematic and impartial checks and balances to maintain trust, and NuEnergy.ai's Machine Trust Index is an integrated suite of methodologies and tools designed for this purpose."
NuEnergy.ai is commercializing its patent-pending Machine Trust Index measurement software platform in 2019 and is engaged with soon-to-be-announced lead customers.
"Artificial Intelligence has changed the landscape for trust", adds Carole Piovesan, Lawyer at McCarthy Tétrault LLP. "I applaud NuEnergy.ai for its leadership and recognition of this important issue as a Canadian-led firm."
ABOUT NuEnergy.ai
NuEnergy.ai is an Artificial Intelligence and consulting firm that partners with governments, technical experts, industry and entrepreneurs in providing solutions that deliver principled AI to their clients and to global society. NuEnergy.ai is pioneering a bold new approach to help all types of organizations navigate the challenging area of achieving principled and trustworthy AI as this revolutionary technology matures. Find more information about how NuEnergy.ai is shaping the future of AI at http://www.nuenergy.ai
MEDIA CONTACT
Niraj Bhargava
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SOURCE NuEnergy.ai
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