New H2O Driverless AI Innovations Extend the Industry’s Leading Automatic Machine Learning Platform
H2O.ai, the open source leader in AI and machine learning for the enterprise, announced the latest release of its award-winning automatic machine learning platform, H2O Driverless AI. Key new capabilities include the ground-breaking ability to create recipes to extend and customize the platform; model administration and collaboration for management and deployment of models; and new explainable AI capabilities for fairness and bias checks. H2O.ai also announced more than 100 open-source recipes that can be used for customization and extension of Driverless AI to empower customers to address specific nuances in their use cases and the ability to include their domain expertise in order to make their own AI. H2O.ai also is pleased to announce its next round of funding led by Goldman Sachs and Ping An.
“Every company needs to be an AI company. Our mission to democratize AI and empower all of our customers to be AI superpowers is one step closer with Bring Your Own Recipes in Driverless AI. Domain Experts can participate in the AI revolution that is transforming every vertical. We have created over 100 open source recipes, that are design patterns for AI and curated by our Grandmasters, Data Scientists and Domain Experts. We are excited to co-innovate with the community of customers to enhance and nurture an AI ecosystem,” said Sri Ambati, CEO and Founder, H2O.ai. “Our makers have been innovating relentlessly to simplify the AI to help with the scarcity of talent and time, and to bring trust, and explainability. This is a quantum leap in the fast-moving AI and autoML space.”
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“We are expecting a rapid adoption of AI in capital markets, as AI models started demonstrating ROI,” said Ediz Ozkaya, Head of Machine Learning Stats at Goldman Sachs. “H2O.ai is at the forefront of the space with Driverless AI, which enables us to inject our domain-specific AI capability into the platform in a consistent manner while protecting in-house IP and staying compliant.”
“H2O Driverless AI speeds up machine learning by automating our data science workflow. With the new recipe capability, we can extend and customize the platform to meet our needs, such as estimating the prepayment risk of underlying loans in fixed-income assets like mortgage-backed securities,” said Chris Pham, Senior VP Data Management and Data Science at Franklin Templeton. “Driverless AI is helping us accelerate our AI journey.”
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