They are a talented and amiable group who create Causal AI-powered products that enable businesses to make better choices.
Vision
They picture humans and machines working together to address the most significant issues affecting our economy, government, and health. They think that Causal AI holds the key to achieving this future vision. Causalens 45m 250mlundentechcrunch.
AI has the power to radically disrupt society.
The most significant general-purpose technology of our time, AI has the power to profoundly impact every industry and society. This potential is largely focused on enhancing human intelligence through partnerships with machines rather than on replacing people. Causalens 250mlundentechcrunch.
Today’s oversimplified AI, however, falls short of delivering on this promise since it does not meaningfully contribute to complicated decision-making, does not inspire trust, and performs inadequately in real-world applications.
They have a vision of a world in which artificial intelligence collaborates with humans and serves humanity.They imagine machines thinking about the world in the same way humans do. and conveying to us in terms they can understand their thoughts. They anticipate a time when human-machine teams collaborate harmoniously.
For economic success, robust government institutions, and a healthy society, we think trust is essential. They envision a time when people implicitly trust AI systems, just as they do their human coworkers. 45m 250mlundentechcrunch.
Causal AI will enable us to realise there future vision.
They see an infinitely better society that is supported by AI and enhanced human intelligence.
A fairer world has emerged, one in which healthcare results have significantly improved and resources are distributed for the benefit of everyone. Machine Safegraph 45m Series Venturestechcrunch.
In the modern world, hospitals operate more profitably, saving lives and preserving resources; logistics companies transport people and goods across the world more quickly and dependably; asset managers allocate capital more skillfully; and governments can quickly develop data-driven policies for the good of society.
CausaLens receives $45 million for its cause-and-effect-based AI decision-making no-code technology.
The ability to forecast outcomes using algorithms trained on previous data has become one of the most widely used uses of artificial intelligence to date. But success isn’t always correlated with popularity: As some have noted (and as we have seen), predictive AI often leaves out important details, context, and cause-and-effect reasoning that go into an outcome. As a result, the logical conclusions it generates occasionally turn out to be disastrous. This issue has been addressed by a company called causaLens, which has created causal inference technology that is advertised as a no-code tool that can be used to add more nuance, reasoning, and cause-and-effect sensibility to an AI-based system. Aibased 45m Series Insightlundentechcrunch.
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Customers and partners of CausaLens today include businesses in a variety of industries, such as healthcare, financial services, and government, where its technology is applied not just to AI-based decision making but also to add additional cause-and-effect depth to the determination of results. 45m Accellundentechcrunch.
The Mayo Clinic, one of the startup’s partners, has been using causaLens to identify cancer biomarkers, which serves as an example of how this works. Considering all of the variables that may be involved, it’s the kind of big data problem that would be virtually impossible for a human, or even a team of humans, to compute, but is routine for a computer to work through.
