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The Global AI Procurement Playbook: Governance, Security, and Risk Management
In todays podcast Annie Garcia Head of Privacy and Legal and Rob Healey CEO at Formiti Data International discuss how AI procurement is changing the landscape of procurement. Traditional software procurement is binary: it works or it doesn't. AI procurement is probabilistic: it may work 95% of the time, hallucinate 4% of the time, and be biased 1% of the time. This playbook provides a structured framework to manage that uncertainty. It addresses the legal, security, and operational risks inherent in the AI supply chain, ensuring compliance with emerging global regulations like the EU AI Act, US Executive Order on AI, and APAC frameworks.
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By Robert HealeyIn todays podcast Annie Garcia Head of Privacy and Legal and Rob Healey CEO at Formiti Data International discuss how AI procurement is changing the landscape of procurement. Traditional software procurement is binary: it works or it doesn't. AI procurement is probabilistic: it may work 95% of the time, hallucinate 4% of the time, and be biased 1% of the time. This playbook provides a structured framework to manage that uncertainty. It addresses the legal, security, and operational risks inherent in the AI supply chain, ensuring compliance with emerging global regulations like the EU AI Act, US Executive Order on AI, and APAC frameworks.