Abzu® becomes a vetted member of the Nordic Ethical AI Landscape, a project that identifies, screens, and categorizes ethical Nordic AI startups and institutions.
Launched in collaboration with the Ethical AI Governance Group (EAIGG) and the Ethical AI Database (EAIDB), the Nordic Ethical AI Landscape is the only publicly available, vetted database of AI companies in the Nordics that provide ethical services.
The introduction of the Nordic Ethical AI Landscape is a welcome step towards promoting responsible and ethical AI awareness and application. “Humans are increasingly relying on automated computational systems to handle the accelerating volume and complexity of data. Our brains are simply not designed to comprehend this manifold, and so we look to AI. But we’re walking a very dangerous line,“ cautions Casper, CEO of Abzu.
The application of neural networks, often referred to as “black-box AI”, has a marred past of computational expense, bias, and an inability to validate. Most importantly, it’s the lack of explainability — especially concerning high-impact decisions — that makes black-box AI so perilous.
“Now we have forced or feigned explainability, but this is just whitewashed black-box algorithms,” says Casper.
Abzu was selected from over 200 Nordic AI startups and institutions to join the Nordic Ethical AI Landscape 2022 Q4 as a member of the Target AI Solutions and Technologies category.
About Abzu.
Founded in 2018, Abzu® builds trustworthy AI to tackle complex challenges for the world’s leading companies. Abzu established itself as a global leader in explainable, rational, and safe AI in the pharmaceutical industry, contributing to new discoveries in disease understanding and RNA therapeutics. Today, Abzu’s technology accelerates new insights and understanding in pharma R&D and transforms critical and complex business processes for enterprise operations.
Abzu has offices in Copenhagen and Barcelona, and has raised €13.3M in total funding to date. Abzu has been mentioned in Gartner® research, from Market Guides for AI Trust, Risk, and Security Management to CoolVendor™, and is the winner of several awards, including the 2023 “Best HealthTech” Nordics Award at the Nordic Startup Awards. For more information, visit www.abzu.ai.
About the Nordic Ethical AI Landscape.
The Nordic Ethical AI is funded under the AI and Data program, one of the eight initiatives launched by the five Nordic Ministers of Trade and Industry.
The landscape is intended to be used as a platform for matching companies and organizations in the Nordics and help propel ethical AI capabilities in Nordic companies to help to foster a competitive advantage which is needed to meet the Nordic Council of Ministers’ 2030 vision in AI & Data to become world-leading in digitalization, ethical AI, and responsible use of AI.
Learn more about the Nordic Ethical AI Landscape.
About the Ethical AI Governance Group (EAIGG).
The EAIGG is a community platform of AI practitioners, entrepreneurs, and technology investors dedicated to sharing practical insights and promoting the adoption of responsible AI governance across the AI industry.
To learn more, visit: www.eaigg.org.
About the Ethical AI Database (EAIDB).
The Ethical AI Database (EAIDB) is a live collection of 140+ ethical AI companies that either provide tools to make existing AI systems ethical or build products that remediate elements of bias, unfairness, or “unethicalness” in society.
To learn more, visit: www.eaidb.org.
