AI Governance for Boards


Organizations are quickly enhancing the capabilities of AI-enabled applications to improve responsiveness and successfully address market and societal needs. This prompts important and pertinent queries concerning the reliability of technology as well as its consequences, ethics, and accountability. 

Without strict control, firms risk losing the public’s trust and their reputation as a result of inadvertent AI technology failures.

Risks associated with AI technology

Fairness

Hidden Costs

Cybersecurity

Legal Compliance

Litigation & Liability

Privacy and Human Rights

Transparency & Accountability

Community Relations – Public

Don’t wait for a crisis to hit before you start governing your AI. Request a meeting today to know more.

NuEnergy seeks to ensure that Risk Committee members in particular, and corporate decision makers more broadly, are balancing awareness of the potential that AI presents for their organizations with mindfulness of the risks involved. 

With appropriate AI governance practices, boards and organizations build trust and protect against risk. According to Niraj Bhargava, CEO of NuEnergy.ai, “Board leaders should be building upon their approach to cyber risk, establishing comparable practices now for AI. Boards need to be discussing how to incorporate AI Governance and Data Governance into their risk management strategies, and getting guardrails in place before it’s too late.”

NuEnergy AI Governance Solutions

NuEnergy offers its exclusive AI governance solutions for board members and senior corporate leaders. These solutions include AI Governance education for directors, guidance on AI Governance framework development, and access to its software, the NuEnergy Machine Trust Platform (MTP), to govern AI with board dashboards. 

AI Governance Education

Deepen your understanding of AI, learn principles of AI governance, and carve a path for an ethical AI roadmap for your organization with NuEnergy’s specialized and custom executive education program.

AI Governance Framework

NuEnergy.ai works with your leadership team to co-create a trust framework for managing the governance of AI at your organization, considering your organization’s governance models and internal AI use case examples. While unique to your needs, it draws on common legislation, standards or policies and leverage global and Canadian best practices.

Machine Trust Platform (MTP)

Monitor the trustworthiness of your organization’s AI development and implementation by measuring essential trust parameters like privacy, ethics, and bias, with NuEnergy’s unique methodology and Machine Trust Platform software, transparently incorporating the latest trust tools and technology governance models.

About NuEnergy 

NuEnergy.ai is a Canadian artificial intelligence management software and professional services firm, specializing in transparent trust measurement technology. NuEnergy helps organizations understand AI and its risks, and provides services and software to help organizations manage and mitigate against those risks. NuEnergy has a broad, diverse team with deep experience, education, and expertise in governance, data science, AI, and business with which to serve specific client needs around the ethics and guardrails for AI. NuEnergy’s team co-creates AI Governance Frameworks with clients based on leading international principles and standards, then openly and transparently integrates its ‘machine trust’ measurement and qualified open-source techniques built on a patent pending methodology.