On April 3, 2025, the Office of Management and Budget (OMB) released a new memorandum that seeks to accelerate AI adoption by Federal agencies in a way that protects civil rights, civil liberties, and privacy. The document – titled “Accelerating Federal Use of...
Key takeaways: Banks have been operationalizing Model Risk Management (MRM) programs for decades, and lessons from their implementation can serve as a blueprint for leaders looking to stand up AI governance programs. AI governance requirements are even broader than...
On Wednesday, February 12, 2025, the European Commission made the surprising decision to drop the EU AI Liability Directive from consideration. What was the EU AI Liability Directive? The Directive was proposed to the EU Parliament in 2022 alongside its companion...
Key takeaways: Shadow AI is the unauthorized adoption of AI technology by employees within an organization The risks of shadow AI are multifaceted, and include cyber, data privacy, performance, transparency, and ethical challenges Detecting shadow AI requires a...
Key Takeaways LLM performance, capabilities, and impact have rapidly advanced since the release of ChatGPT in 2022. There can be two types of bias present in LLMs: where LLMs generate overtly stereotypical, harmful, or derogatory content, and where LLMs produce...
