IDnow set to become first high-security AI ID tool
IDnow has announced a new AI tool for validating high-security transactions.
The product, Autoldent Substantial, is the first to meet the EU eIDAS regulation at ‘substantial’, meaning it is the first fully automated tool certified for use in high-security transactions.
Autoldent Substantial can verify ID documents, perform authenticity checks, allow for agent review, undertake biometric detection and has optional capability for Advanced Electronic Signature (AES) for signing contracts.
IDnow says its new fully-automated, self-guiding offering is ‘futureproof’ and can be used for high-security protocols such as checking medical records.
Andreas Bodczek, CEO at IDnow, said, "IDnow is proud to be the only company to possess an approval for certification at this level of assurance for a fully-automated AI product. Understanding the industry and the emerging needs of our clients and prospective users, we knew what to do and harnessed our technological and regulatory leadership. This is a game-changing development as the benefits of digital identity verification become available to a much wider range of services.”
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IDnow is secure enough to use with medical records. Credit: Getty
HPE Acquires Determined AI to Accelerate ML Training
Determined AI is a four-year-old company, which only brought its product to market in 2020. It specialises in machine learning (ML), with the aim of training AI models quickly and at any scale. HPE will combine Determined AI’s unique software solution with its AI and high-performance computing (HPC) offerings to enable ML engineers to easily implement and train ML models to provide faster and more accurate insights from their data in almost every industry.
“As we enter the Age of Insight, our customers recognise the need to add machine learning to deliver better and faster answers from their data,” said Justin Hotard, senior vice president and general manager, HPC and Mission Critical Solutions (MCS), HPE. “AI-powered technologies will play an increasingly critical role in turning data into readily available, actionable information to fuel this new era. Determined AI’s unique open source platform allows ML engineers to build models faster and deliver business value sooner without having to worry about the underlying infrastructure. I am pleased to welcome the world-class Determined AI team, who share our vision to make AI more accessible for our customers and users, into the HPE family.”
Delivery AI at scale
According to IDC, the accelerated AI server market, which plays an important role in providing targeted capabilities for image and data-intensive training, is expected to grow by 28% each year and reach $18bn by 2024.
The computing power of HPC is also increasingly being used to train and optimise AI models, in addition to combining with AI to augment workloads such as modeling and simulation. Intersect360 Research notes that the HPC market will grow by more than 40%, reaching almost $55bn in revenue by 2024.
“Over the last several years, building AI applications has become extremely compute, data, and communication intensive. By combining with HPE’s industry-leading HPC and AI solutions, we can accelerate our mission to build cutting edge AI applications and significantly expand our customer reach.” said Evan Sparks, CEO of Determined AI.