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Mastering the Unknown: Uncertainty Modeling in AI for Critical Safety

Analytics Vidhya

This article explores ‘Uncertainty Modeling,’ a fundamental aspect of AI often overlooked but crucial for ensuring trust and safety. Introduction In our AI-driven world, reliability has never been more critical, especially in safety-critical applications where human lives are at stake.

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Measuring Models' Uncertainty: Conformal Prediction

Dataiku

For designing machine learning (ML) models as well as for monitoring them in production, uncertainty estimation on predictions is a critical asset. It helps identify suspicious samples during model training in addition to detecting out-of-distribution samples at inference time.

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Crisis at Stability AI – Key Players Quit Amidst CEO Controversies!

Analytics Vidhya

once dazzled the tech world with its groundbreaking Stable Diffusion AI model. A series of executive departures and concerns over the CEO’s credibility have caused ripples of uncertainty in an industry driven by ambitious innovation. London-based startup Stability AI Ltd.

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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

An exploration of three types of errors inherent in all financial models. At Hedged Capital , an AI-first financial trading and advisory firm, we use probabilistic models to trade the financial markets. All financial models are wrong. Clearly, a map will not be able to capture the richness of the terrain it models.

Modeling 198
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Implementing Supply Chain Network Design

Rising volatility and uncertainty have changed that. Companies are now running models on a quarterly basis, and sometimes more frequently, to adjust to changes in their business landscape. Analysts who are moving from spreadsheets to more advanced modeling tools. That’s what Supply Chain Network Design is all about.

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Navigate AI market uncertainty by bringing AI to your data

CIO Business Intelligence

As an IT leader, deciding what models and applications to run, as well as how and where, are critical decisions. History suggests hyperscalers, which give away basic LLMs while licensing subscriptions for more powerful models with enterprise-grade features, will find more ways to pass along the immense costs of their buildouts to businesses.

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What is Monte Carlo Simulation in Excel?

Analytics Vidhya

Inspired by the chance and excitement of the Monte Carlo Casino in Monaco, this powerful statistical method transforms the uncertainty of life into a tool for making informed decisions. Welcome to the world of Monte Carlo simulation! Running countless […] The post What is Monte Carlo Simulation in Excel?

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Easily Build an Optimization App and Empower Your Data

Speaker: Gertjan de Lange

If the last few years have illustrated one thing, it’s that modeling techniques, forecasting strategies, and data optimization are imperative for solving complex business problems and weathering uncertainty. Experience how efficient you can be when you fit your model with actionable data. Watch this exclusive demo today!