Project description
First risk management platform for generative AI testing
The current value of the global AI market stands at EUR 187.1 billion in the Total Addressable Market, with a compound annual growth rate of 37.3 % projected until 2029. Generative AI falls within this market as a distinct sub-market. Industry leaders are calling for measures to reduce the complexity associated with training and validating models. In this context, the EIC-funded QuantPi project has developed an all-in-one model-agnostic, plug-and-play solution for the risk management of generative AI. This platform will empower companies engaged in the development or operation of generative AI systems to automatically evaluate and mitigate significant risks across various dimensions, including performance and fairness.
Objective
We target the global AI market, which has current value of 187.1B (TAM) and a CAGR of 37.3% until 2029. In this TAM, the generative AI market with 12.5B and 27% CAGR constitutes a sub-market addressed by us. AI risk management and governance sector (SAM) has a current market value of 220M and a CAGR of 42.1% until 2029. Industry leaders, e.g. Musk and Wozniak, request a stepping back from training models with an ever-increasing complexity. QuantPis platform is the first all-in-one, model-agnostic, plug & play solution for risk management of generative AI. For the first time, we enable companies developing or operating generative AI systems to automatically assess and mitigate major risks across dimensions such as performance, fairness, robustness, explainability, and more. Our solution assesses conformance with +100 standards and regulations, including the EU AI Act, ISO/IEC 23894, and NIST AI RMF and assists companies in their pursuit of responsible and trustworthy AI systems.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
66121 SAARBRUCKEN
Germany
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.