Jul 30th, 2024

Tech Governance Startup Credo AI Gets $101M Valuation

The startup Credo AI sees a market opportunity in the uncertainty unleashed by the recent wave of AI innovation - from the risk that systems will produce a chatbot saying something wacky, to running afoul of AI regulations. Credo AI founder and CEO Navrina Singh joins Ed Ludlow on "Bloomberg Technology" to discuss the company's $21 million funding round for its work on risk and compliance issues around AI adoption, valuing the company at $101 million.