Navrina Singh’s Post

Transcript

Basically, on a collision course with society and the world of politics. That's what we often talk about, But let's just focus on Credo for a minute. Why did you raise the funds and what are you gonna do with it? Well, thank you so much for having me add. Certainly a very exciting day for Credo AI. We've just raised $21 million in new capital and this capital round is really focused on making sure that the AI oversight and accountability is pervasive. As Zuckerberg just pointed out, we are living through really wild times in AI innovation, but it can get really wild if the risk of these technology is not really assessed and managed proactively. This is where from our founding in 2020. We've been heads down focus on bringing AI governance to forefront. You know, my belief has always been governance really unlocks the understanding of this very complex technology, which as you can imagine is just getting more and more complex with the, you know, coming of the foundation models and frontier capabilities. So with this round of funding, we are doubling down on making sure that one's understanding risk of these new frontier models is at the hands of these enterprises. Secondly, making sure that these organizations are well equipped for all the regulatory changes that are happening globally. And lastly, to adopt generative AI with confidence at scale. Navina, you are a vocal, you have official positions in government appointed panels in in the domain of AI and some of the safeguards around its use in society. I I just wonder if this this funding gives you the ability to have a sort of louder voice and the things that you think are important. Absolutely. And you know, governance is many a times seen as a barrier to innovation and you and I have spoken about it multiple times that governance actually is gonna be an enabler and a competitive advantage for every organization, whether you're a meter or a Microsoft to really make sure that you can bring the frontier AI capabilities with confidence in the market. And I think with this round of funding, what it is providing us is an ability to continue delivering to our customers who are becoming responsible by design. And not waiting for failures to happen in this world where AI is transforming pretty much every use case, every business at scale. I think we should probably talk about the presidential election cycle. A lot was made, particularly from small tech so to speak, about JD Vance in particular being a running mate who supports entrepreneurship and and technological advancement. You know, does Credo have a position on on what will happen with AI, safe guard rails and safety depending on the outcome of that race? You know, I had, we are living through a very important time, especially with the upcoming election. And I don't want to speculate what the outcome of that election is going to be. But I think the key thing I want to bring our focus back to is that irrespective of the outcome of the election, governance of this transformational technology, artificial intelligence is going to be paramount. You know, we are seeing at scale that the traditional GRC, the governance, risk and compliance tooling that exists in the market does not serve the needs. Of this very complex and emerging technology. And this is where, you know, not only did we coin the term AI governance, but bringing in tools that can keep up with this very increased sense of capabilities that AI is presenting and also the increased risk it's presenting. So irrespective of the election outcome, what is going to be critical is enterprises put governance front and center as they adopt this technology. Navarino, we've heard a lot from Mark Zuckerberg about open source. We heard from him again at SIGGRAPH. Just listen to what he had to say. The topic. I don't think that there's just gonna be like one AI model, right? I mean, this is something that some of the other companies in the industry, they're like, you know, it's like they're building like one central agent And and yeah, well, we'll have the meta AI assistant that you can use, but a lot of our vision is that we want to empower all the people who use our products to basically create agents for themselves. So whether that's, you know, all the many, many millions of creators that are on the platform or, you know, hundreds of millions of small businesses, your reaction to that and have Rena and the idea that he's he's a world where. People go out and create their own AI agents. You know, absolutely true. I think we are already reaching a stage where the reliance on a single model is not gonna happen. We at Credo I ourselves are now switching from open AI to open source models because the innovation in that space has been accelerating. So what we are going to see, Ed, is a need for a single pane of governance. This is where Credo I comes in that can actually not only, you know, connect with different AI toolings, but also be able to adapt to these new plethora of. My models and agents that are showing up in the market, but the consistent pain of governance, which provides oversight and accountability is gonna be critical.