Credo AI Unveils Generative AI Vendor Registry: Driving AI Transparency and Risk Management at Scale

PALO ALTO, Calif.--(BUSINESS WIRE)--Sep 10, 2024--

Credo AI, a global leader in AI governance software, announces the launch of the GenAI Vendor Registry, a new layer of intelligence that helps companies greenlight entire AI vendors for fast and scalable AI adoption.

The GenAI Vendor Registry launches with pre-populated data for leading AI vendors and developers, including OpenAI, Microsoft, IBM, GitHub, Salesforce, Anthropic, Databricks, Codeium, Glean, AskSage, and Meta. The registry enables enterprises to easily consolidate risk and compliance data and provides Responsible AI (RAI) benchmarks for specific vendors.

“Vendor-specific governance is crucial in today’s AI landscape, where the complexities of interdependencies between data, models, applications, and tools demand a more comprehensive approach,” said Navrina Singh, CEO and Founder of Credo AI. “With the Generative AI Vendor Registry, we’re giving governance teams the tools they need to make fast, informed, and scalable AI decisions. Launching with transparency reports and risk posture of vendors like OpenAI, Microsoft, and Salesforce pre-populated in the registry, we’re ensuring that organizations can quickly and safely adopt generative AI across various use cases.”

Centralized AI Governance and Compliance

As AI regulations like the EU’s AI Act require increased transparency and accountability, the GenAI Vendor Registry helps enterprises meet those requirements quickly and at scale. By consolidating vendor-specific risks and RAI metrics, the registry allows stakeholders—from executives to auditors—to make go/no-go decisions quickly and effectively.

For example, when a company decides to work with OpenAI and its GPT-4 model, the registry provides all relevant transparency, risk, and RAI information, facilitating the swift approval of additional use cases with that vendor. This centralized approach helps enterprises maintain control over their AI usage, minimizing the risks associated with unapproved “shadow AI”.

Should a vendor’s metrics not meet the required standards, governance leads can easily recommend alternative pre-approved vendors, ensuring AI deployments are safe and compliant.

About Credo AI

Credo AI is on a mission to empower organizations to responsibly build, adopt, procure, and use AI at scale. Credo AI’s pioneering AI Governance, Risk Management and Compliance platform helps organizations measure, monitor and manage AI risks, while ensuring compliance with emerging global regulations and standards, like the EU AI Act, NIST, and ISO. Credo AI keeps humans in control of AI, for better business and society. Founded in 2020, Credo AI has been recognized as a Fast Company Most Innovative Companies 2024, Inc. Best Workplaces 2024, Fast Company Next Big Thing in Tech 2023, CB Insights AI 100, CB Insights Most Promising Startup, Technology Pioneer by the World Economic Forum, and a top Intelligent App 40 by Madrona, Goldman Sachs, Microsoft and Pitchbook. To learn more, visit: credo.ai or follow us on LinkedIn.

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CONTACT: Credo AI Press Contact:

Ali Moore

CMAND

ali@cmand.co

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ARTIFICIAL INTELLIGENCE

SOURCE: Credo AI

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