Domino Unveils Groundbreaking Innovations to Help Build and Operate Enterprise AI Fast, Economically and Responsibly
Summer 2023 release introduces Code Assist for foundation models, advanced cost management tools and Model Sentry, an integrated responsible AI solution for in-house generative AI; Domino expands cloud AI platform offerings
NEW YORK, June 1, 2023 /PRNewswire/ -- At its largest-ever Rev conference, Domino Data Lab, provider of the leading Enterprise AI platform trusted by over 20% of the Fortune 100, today announced new capabilities as part of its Summer 2023 release that make its platform the fastest, most economical and most responsible way to build and operate enterprise AI. It also announced expanded AI cloud offerings that bring the convenience of a fully managed platform to hybrid cloud enterprises and life sciences organizations.
Companies are scrambling to take advantage of generative AI, but still face challenges ranging from complex infrastructure requirements to budget pressure to safety and responsibility concerns. In fact, a recent study shows 46% of C-level AI executives say they lack necessary governance tools and 99% struggle to convince IT to focus budgets on AI initiatives. With Domino, enterprises can now put responsible AI into practice, further reduce time-to-value from AI, and control the cost of building and operating AI.
"AI is an existential business imperative. The winners will be those who wield it with speed, responsibility, and fiscal savvy," said Nick Elprin, CEO and co-founder of Domino Data Lab. "We're backing our customers with the resources to outshine in these key areas and unleash AI to change the trajectory of civilization."
Harness the Power of Foundation Models with Ease
With AI workloads consuming more costly cloud resources, Domino's Summer Release introduces new capabilities to help companies intelligently manage and reduce spend using fine-grained visibility, budgets and quotas. Users can access customized cost reports by various dimensions—user, organization, project—for granular visibility and chargeback, and can set quotas and alerts to ensure effective cost governance.
Put Responsible AI Into Practice
Expanded Cloud-Based Offerings
About Domino Data Lab
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SOURCE Domino Data Lab
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