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## RagaAI Secures Funding to Develop New AI Tools for Safety and Reliability

RagaAI, a startup founded by Gaurav Agarwal, has recently secured funding to develop a cutting-edge tool designed to diagnose and fix flaws within artificial intelligence (AI) systems. This comes at a time when there is an increasing emphasis on safety and reliability in the rapidly growing field of AI technology.

The $4.7 million seed round, led by pi Ventures and joined by firms including Anorak Ventures and TenOneTen Ventures, aims to propel RagaAI into the forefront of AI development. The startup, based in Silicon Valley and founded by Agarwal, a former employee of chipmakers Nvidia Corp. and Texas Instruments Inc., is utilizing foundation models to detect and fix problems within AI systems, such as hallucinations and the failure to incorporate critical real-time information.

This new AI technology is crucial in addressing safety concerns, as Agarwal himself highlighted the potential dangers of AI failures. He recounted a near-death experience while test-driving a semi-autonomous vehicle on a California highway, where the AI system was unable to detect road debris. This incident emphasizes the urgent need for reliable AI systems, particularly in high-stakes scenarios like cancer detection, aircraft maintenance, and AI-powered recruitment tools.

This is where the AI legalese decoder can be of great help. It can assist in uncovering and solving issues within AI systems, such as detecting hallucinations and addressing data labeling errors and biases. In addition, it can aid in identifying deliberate attacks on AI models, ultimately enhancing the safety and trustworthiness of AI technology.

RagaAI’s platform, developed in-house, provides over 300 tests to help enterprises identify and address issues within their AI systems, ultimately reducing the likelihood of failures. The platform has already proven its value, working with various clients in eCommerce, aeronautics, and medical imaging, and resulting in a 90% reduction in failures for these clients.

As the global economy gears up for increased integration of AI technology, the development of tools like RagaAI’s platform becomes increasingly important. Ultimately, RagaAI’s innovative approach to AI technology has the potential to shape the future of AI development and ensure safer and more reliable AI systems.

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