Italy’s iGenius launches Nvidia-powered AI language model for highly regulated industries

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Italian startup iGenius said on Thursday it was releasing Colosseum 355B, a large language model built with the latest Nvidia technology for customers in highly regulated industries with special data protection needs.

Tight legislation and compliance requirements hamper the use of artificial intelligence (AI) technology in regulated industries.

CEO Uljan Sharka told Reuters that iGenius was already in contact with potential users in the financial services sector as well as heavy industry companies and governments.

Sharka flew to Brussels on Thursday to present the new model to the European Commission.

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Italy’s iGenius launches Nvidia-powered AI language model for highly regulated industries


Italian startup iGenius said on Thursday it was releasing Colosseum 355B, a large language model built with the latest Nvidia technology for customers in highly regulated industries with special data protection needs.

Tight legislation and compliance requirements hamper the use of artificial intelligence (AI) technology in regulated industries.

CEO Uljan Sharka told Reuters that iGenius was already in contact with potential users in the financial services sector as well as heavy industry companies and governments.

Sharka flew to Brussels on Thursday to present the new model to the European Commission.

Discover the stories of your interest



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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