How IBM And AWS Are Partnering To Deliver The Promise Of Responsible AI
IBM News, Thursday, June 20th, 2024
The artificial intelligence (AI) governance market is experiencing rapid growth, with the worldwide AI software market projected to expand from USD 64 billion in 2022 to nearly USD 251 billion by 2027, reflecting a compound annual growth rate (CAGR) of 31.4% (IDC).
This growth underscores the escalating need for robust governance frameworks that ensure AI systems are transparent, fair and comply with increasing regulatory demands. In this expanding market, IBM and Amazon Web Services (AWS) have strategically partnered to address the growing demand from customers for effective AI governance solutions.