Exclusive: Credo AI CEO says U.S. needs safety standards to win AI race
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Credo AI CEO Navrina Singh warned that America will lose the artificial intelligence race with China if the industry doesn't implement tougher safety standards during a sit down interview at Axios' AI+ DC Summit on Wednesday.
Why it matters: Many AI leaders and the Trump administration argue that the industry needs loose guardrails to guarantee that American tech companies can keep up with foreign competitors.
What they're saying: Singh told Axios' Ina Fried that America can't compete with China if businesses and consumers don't trust the U.S.' safety framework.
- "If there's a conversation about the best of ... AI innovations, and we are not talking about governance, we are not talking about trust, I think we should really count ourselves out then," Singh said.
- She also argued that stronger governance of AI isn't the same thing as increased regulation, arguing instead that governance is about understanding risk and aligning with a company's policies and standards.
- She said that President Trump's AI action plan is a good start, but that the industry needs to invest more in risk assessment.
State of play: Trump announced earlier this year that the U.S. will do "whatever it takes" to lead the world in AI.
- The White House Office of Science and Technology Policy is planning to request information from businesses later this month to help shape new policies that seek to eliminate bureaucratic red tape, Axios' Ashley Gold and Maria Curi scooped earlier this week.
Zoom out: Singh is gearing up for Credo AI's fourth annual Trust Summit at the end of the month, where the governance group will gather leaders to discuss how policymakers can push the boundaries of AI while upholding ethical principles.
Go deeper: Makers of leading AI models can't agree on "responsibility" benchmarks
