Company Research Report: Howso

Company Overview

• Name: Howso

• Mission of the Company: Advance trustworthy AI as the global standard, empowering researchers, academics, and Fortune 500 companies to make critical decisions with conviction using Understandable AI®.

• Founded: The company was founded in 2017.

• Founders: Dr. Chris Hazard, Michael Resnick, and advisor Dr. Michael Capps.

• Key People:

• CEO: Gaurav Rao

• Co-Founder & CTO: Chris Hazard

• Co-Founder & Chairman: Mike Capps

• Co-Founder & Technical Fellow: Mike Resnick

• CIO: Will Goddin

• Head of Sales: John Emmert

• Headquarters: Raleigh, North Carolina, United States

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Howso is known for its Understandable AI® Platform and innovations in synthetic data, causal AI, and explainability, striving to eliminate the black-box nature of AI systems and making AI decisions transparent and trustworthy.

Products

Key Products and Features

• Understandable AI® Platform:

• A platform focusing on alternative approaches to traditional AI with an emphasis on data-driven methodologies that maximize ROI.

• Synthetic Data:

• Description: Provides AI-ready data that does not compromise privacy by generating synthetic versions of real-world data while maintaining its statistical properties.

• Key Features:

• Auditable, editable, and explainable synthetic data.

• Guards privacy using differential privacy mechanisms.

• Allows for validation and compliance with data privacy laws like GDPR.

• Data Watermarking:

• Description: Ensures data governance and lineage, embedding digital imprints within datasets.

• Key Features:

• Customizable and invisible watermarking.

• Privacy-preserving and resistant to tampering.

• Model-Less AI:

• Description: Introduces techniques like decision trees and kernel density estimation for monitoring and governance, avoiding pitfalls such as bias and model drift.

• Key Features:

• Offers explanations for AI decisions with improved transparency.

• Detects anomalies that may indicate issues like model drift.

Recent Developments

Recent Activities and Updates

• Partnerships:

• Partnered with IBM watsonx, expanding Howso's reach and accessibility in the AI market.

• Platform Availability:

• Became available on platforms such as Databricks and AWS Marketplace, enhancing the platform's presence and integration capabilities.

• AI Initiatives:

• Launched fully auditable and explainable open-source AI engine.

• Explored innovations in causal AI, data insights, and synthetic data.

• Recent Features and Initiatives:

• Elevation of data watermarking capabilities.

• Introduction of Hallucination Free AI, prioritizing modern explainability.

• Enhanced model monitoring and governance with model-less AI techniques.

Notable Events

• Mike Capps, Co-founder and Chairman, participated in a US Senate Forum on AI, stressing the importance of transparency and accountability.

• Howso actively engaged in discussions and developments related to AI safety and regulation, demonstrating its advocacy and influence in shaping AI policies.

---

This report highlights Howso’s commitment to advancing AI with transparency, focusing on the safety and accountability of AI applications. All points are based on the details provided, ensuring a comprehensive understanding of their operations and recent advancements.