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. The CEO of Casper Labs, Mrinal Manohar, made the announcement at the IBM Think conference and revealed that Prove AI has already secured its first design partner.
Prove AI is set to offer advanced functions for generative artificial intelligence (AI) training data sets, including security, version control, multiparty access control, and advanced auditing capabilities through audit logs. Casper Labs developed this solution on its Casper blockchain, which operates on both permissioned and permissionless networks. The Prove AI product can be seamlessly added onto watsonx.governance and is fully integrated into the IBM service.
Manohar emphasized the growing demand for businesses to de-risk their AI initiatives as regulators are increasingly demanding greater accountability. Prove AI will enable businesses to revert to earlier versions of data sets to diagnose issues such as hallucinations, bias, and other performance problems.
The AI governance solution was developed in collaboration with IBM Consulting and was designed to leverage IBM’s existing analytics and policy enforcement capabilities. Compliance with legislation, such as the European Union’s AI Act, or industry regulator standards may be part of the governance process.
GreyscaleAI, a California-based company specializing in inspection systems for the food, drink, and medicine industries, will be the first design partner for Prove AI. 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 the full-scale launch expected in the third quarter of 2024.
In addition to the partnership with Casper Labs, it was announced at the IBM Think conference that the Saudi Data and Artificial Intelligence Authority will be collaborating with IBM to integrate its 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, they introduced their native CSPR token, which has garnered significant investor interest. CSPR reached a year-long trading high of $0.056 on January 4 and is currently trading at $0.030 as of May 21, with a trading volume of $10 million and a market cap of $355 million.
In summary, the integration of Casper Labs’ Prove AI with IBM’s watsonx.governance platform is expected to provide businesses with enhanced AI governance capabilities. The partnership with GreyscaleAI as the first design partner showcases the potential applications of Prove AI in various industries. Furthermore, the collaboration between the Saudi Data and Artificial Intelligence Authority and IBM highlights the growing trend of AI adoption in different sectors.