LAUNCH OF INTERTEK AI², THE WORLD'S FIRST END-TO-END AI ASSURANCE PROGRAMME
Artificial intelligence (AI) is changing the way the world works
Corporates are investing significantly in AI to step up customer service and boost productivity
There are significant ethical, compliance, and quality risks with AI, a new and unproven technology
Companies need to adopt responsible AI practices to grow their business in the right way
Intertek launches Intertek AI², the world's first independent end-to-end AI assurance programme
Intertek AI² enables organisations to power ahead with smarter, safer, trusted AI solutions
A video is available on our website: www.intertek.com/ai/video/
LONDON, June 24, 2025 /CNW/ -- Intertek, a leading Total Quality Assurance provider to industries worldwide, announces the launch of Intertek AI², the world's first independent end-to-end AI assurance programme enabling organisations to power ahead with smarter, safer, trusted AI solutions.
AI is rapidly accelerating in all parts of society, quickly changing the way the world works and triggering significant risks for governments, corporates, consumers and employees.
With more than 130 years of quality and safety expertise across a wide range of industries, the launch of Intertek AI² expands Intertek's industry-leading offering of ATIC solutions, providing a comprehensive, risk-based AI assurance programme built around industry-leading solutions and addressing governance, transparency, security, and safety. Services include:
Governed AI services establish risk and quality management frameworks, AI governance structures, regulatory compliance strategies, and oversight mechanisms ensuring accountability and adherence to evolving requirements including EU AI Act obligations and ISO42001.
Transparent AI services develop technical documentation meeting regulatory standards, implement appropriate explainability levels for different applications, and creates communication strategies making AI behaviour understandable to diverse stakeholders.
Secure AI services deliver cybersecurity tailored to AI systems, red teaming exercises identifying vulnerabilities and failure modes, threat monitoring and incident response planning, and security architecture guidance addressing unique AI vulnerabilities.
Safe AI services provide comprehensive testing and validation using AI-specific methodologies, data quality assessment and improvement, independent performance verification, and bias detection and mitigation across diverse populations and use cases
Leveraging Intertek's multi-industry value chain TQA expertise and network of more than 1,000 laboratories and offices in over 100 countries, Intertek AI² positions the Group as the ATIC industry leader in trusted AI across safety, security, sustainability, and compliance.
Learn more about Intertek AI²: www.intertek.com/ai/
André Lacroix, CEO of Intertek Group, commented: "AI is reshaping our world at an unprecedented pace as organisations race to integrate AI into their systems and products to take their customer service to new heights and unleash new levels of productivity. Intertek AI² is the world's first independent end-to-end AI assurance programme to enable organisations to power ahead with smarter, safer and trusted AI solutions."
About Intertek
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains.
Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.
Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.
intertek.com
View original content:https://www.prnewswire.com/news-releases/launch-of-intertek-ai-the-worlds-first-end-to-end-ai-assurance-programme-302489411.html
SOURCE Intertek
View original content: http://www.newswire.ca/en/releases/archive/June2025/24/c9756.html
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Times
17 minutes ago
- New York Times
Tennis player association files new complaint against ATP, WTA Tours, removes star complaints
The Professional Tennis Players Association (PTPA) has submitted an updated complaint in its antitrust lawsuit against tennis' governing bodies. The organization, which was co-founded by Novak Djokovic in 2020, has taken out critiques of the tour schedule from players who are not named as plaintiffs in the lawsuit, including French Open champions Coco Gauff and Carlos Alcaraz. Advertisement It has also removed two defendants from a group it characterized as a 'cartel' in its initial action, which was filed in London, New York City and Brussels. The International Tennis Federation is off the suit filed in New York City, as is the tennis anti-doping and anti-corruption body, the International Tennis Integrity Agency. A source briefed on the PTPA's legal proceedings, who spoke on the condition of anonymity to protect relationships in tennis, said that the ITF and the ITIA had been removed to focus on the alleged antitrust violations by the men's (ATP) and women's (WTA) tennis tours. The PTPA filed its initial lawsuit in March. That filing described the biggest governing bodies in tennis as a 'cartel,' which suppresses wages, player opportunity and rival tournaments 'to the harm of players and fans alike.' The PTPA alleged numerous antitrust violations, all of which have been denied by the accused governing bodies, who last month filed motions to dismiss the lawsuit. The men's and women's tours argue that their bylaws require players to settle disputes through arbitration, rather than in court. In May, they and the ITF and ITIA filed a joint motion to dismiss the PTPA as a plaintiff, on the grounds that it cannot orchestrate such an action because it does not have a formal membership. A judge has yet to rule on that motion. The original lawsuit listed 12 player plaintiffs, including co-founder Vasek Pospisil, and Reilly Opelka and Sorana Cirstea, who are active players. Djokovic was not a named plaintiff. There are now 14, with the addition of Sachia Vickery and Nicolas Zanellato, though there are still no top-tier stars among the named complainants, giving the impression, rightly or wrongly, that the PTPA's lawsuit does not have the support of most of the most powerful voices in the game. Advertisement A spokesperson for the PTPA said at the time that more than 250 professional players across all tiers of the sport, as well as the organization's executive committee, which includes Djokovic, supported the action. Shortly after the lawsuit was filed, Djokovic said in a news conference at the Miami Open: 'To be quite frank with you, there are things that I agree with in the lawsuit and there are also things that I don't agree with. 'I found that maybe some wording was quite strong in there.' The updated complaint, filed in New York Tuesday evening, has changed some wording. The original was written with the kind of confrontational language that is typical of U.S. lawsuits, with the four Grand Slams — Wimbledon and the Australian, French and U.S. Opens — described as 'co-conspirators' alongside the defendants' alleged 'cartel'. Some of that language is still there, including in the opening salvo: 'Professional tennis players are stuck in a rigged game. Not on the court, where fierce competition between players delights millions of fans worldwide, but off of it, where players are forced to endure grueling schedules, capped earnings, abusive and invasive investigations and discipline, and have limited control over their own careers and brands. This is because a cartel of professional tennis tour organizers and tournament operators have conspired to avoid competition amongst themselves and to shut out outside tournaments, affording them complete control over the players' pay and working conditions.' The four Grand Slams will not be named as defendants for at least another 90 days, amid settlement discussions between them and the PTPA, according to a filing lodged this week. The updated complaint focuses more closely on alleged violations of antitrust law by the two tours, while countering the arguments that they have made to convince the court to dismiss the case. It also focuses more heavily on the governance structures of the tours, outlining how the players are not equal partners in the operations, as the tours' leaders have claimed. The original, which included reference to complaints by Alcaraz, Gauff and five-time Grand Slam champion Iga Świątek, has omitted those complaints. It had used quotes from those players in news conferences and interviews in which they criticized how tennis is scheduled. Since the initial complaint was filed, a group of top-10 ranked male and female players has held meetings with the four Grand Slams to discuss an increased proportion of their revenues being shared with players as prize money. Advertisement This is one of the goals of the PTPA lawsuit, and the PTPA has also held meetings with leaders of the Grand Slams. In the past, those leaders have expressed a desire to restructure tennis, creating a streamlined event calendar that revolves around their events and the 1,000-level ATP and WTA events, which are one rung below their tournaments. The discussions between the Grand Slams and PTPA aim to develop a framework for a new structure for professional tennis. That structure would then be circulated to the ATP, WTA, and ITF for their input. The Grand Slams and other governing bodies, however, have been doing this dance since last year, when the Grand Slams presented the tours with a plan for a so-called 'premium tour,' with fewer events and a pooling of their lucrative media rights. That plan never went beyond discussions, and earlier this year, the ATP and WTA presented the Grand Slams with their own plan to reform tennis, which the Grand Slams rejected out of hand. The PTPA believes that the spectre of lengthy and expensive antitrust litigation will create more urgency for change. Thus far, this has not been the case. While their complaints have been eliminated from the formal PTPA complaint, top players on the ATP and WTA Tours remain in discussions about the schedule and revenue sharing in their sport. To achieve a high ranking, players typically need to participate in around 20 tournaments each year worldwide. The top players, who regularly go deep in those tournaments, have said that they don't receive necessary rest and that the sport's roughly four-week off-season is far too short. They are also subject to financial penalties and other punishments if they skip mandatory tournaments. The players — and the PTPA — also want the Grand Slams and ATP and WTA tournaments to share a higher proportion of revenue with players. They could offer to share more than the roughly 20 percent of their revenues with players by significantly increasing prize money. Advertisement Major American sports leagues, such as the NBA and NFL, share approximately 50 percent of their revenues with players. Grand Slam prize money typically amounts to between 13 and 18 percent of each tournament's annual revenue, while for ATP and WTA events, that figure rises closer to 25 or 30 percent. The courts will next address the defendants' motions to dismiss the case or to move it to arbitration.
Entrepreneur
an hour ago
- Entrepreneur
50% of Dubai's Property Buyers Use Bayut's TruEstimate™ Before Sealing A Deal
Since its launch, over 300,000 reports have been generated, with 80% focused on ready secondary units, underscoring the tool's relevance in this segment. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. UAE-based real estate search engine platform Bayut's artificial intelligence (AI)-powered property valuation tool, TruEstimate™ was used in 50% of all ready property transactions in Dubai in May 2025. Launched in June 2024, TruEstimate™ was developed to equip both property seekers and real estate professionals with data-driven price benchmarks, addressing the long-standing market challenge of subjectivity in property valuations. Image source: Bayut Over the past year, adoption has surged, particularly in the ready secondary segment, where pricing transparency plays a critical role in negotiations and purchase confidence. In July 2024, only 6% of ready secondary transactions were preceded by a TruEstimate™ report. By May 2025, that figure had grown to 50%; meaning one in every two deals was backed by TruEstimate™ pricing before closing. Since launch, over 300,000 reports have been generated, with 80% focused on ready secondary units, underscoring the tool's relevance in this segment Image source: Bayut "We introduced TruEstimate™ to bring confidence and consistency to real estate pricing," said Haider Ali Khan, CEO of Bayut & dubizzle and Head of Dubizzle Group MENA. "The fact that every second ready transaction is now supported by our technology is a testament to the market's trust in Bayut's data capabilities and our commitment to elevating the property journey for all stakeholders." Looking ahead, Bayut aims to continue to expand TruEstimate™'s coverage across additional geographies and property categories, in collaboration with agents, developers, and government partners, furthering its mission to build the most transparent and efficient property marketplace in the UAE.
Yahoo
an hour ago
- Yahoo
TradePulse Technologies Named Runner-Up at BattleFin Alternative Data Conference in New York
NEW YORK, June 24, 2025 /PRNewswire/ -- TradePulse Technologies, Inc., a fast-rising innovator in real-time order flow analytics, was named runner-up at the prestigious BattleFin Alternative Data Discovery Day, held June 10–11 in New York City. The recognition solidifies TradePulse's growing influence in the financial technology sector, especially in the rapidly advancing field of AI-driven market intelligence. This year's conference, themed "AI: Data-Driven Research," brought together leading voices from the alternative data, artificial intelligence (AI), and large language model (LLM) industries. Hundreds of professionals, including data scientists, quantitative researchers, and institutional trading strategists, gathered to explore how data innovation is reshaping the future of financial decision-making. TradePulse stood out among top competitors for its unique focus on real-time order flow analytics powered by advanced AI algorithms that detect benchmark transactions driving stock price movements. These capabilities enable clients to uncover hidden signals and make informed, and data-driven trading decisions. "Being named a runner-up in the Alt-data challenge at BattleFin is a meaningful milestone for us," said Jay Lee, Business Development Manager at TradePulse, who presented the company's offerings and vision at the event. "It was an honor to represent TradePulse and demonstrate how our AI-powered data can bring unmatched insights to today's fast-moving markets. This recognition reinforces our mission and the impact we strive to make." TradePulse Technologies, Inc. is the U.S. subsidiary of Finit Co., Ltd., creator of PowerMap, a real-time analytics platform for Korean stocks. A leader in South Korea's order flow data, Finit uses proprietary algorithms and AI to deliver detailed inferred flow segmented by investor type, including market makers. PowerMap covers 1,200+ stocks, analyzing direct trade data for KOSPI stocks over 200B KRW ($133.38M) and KOSDAQ stocks over 150B KRW ($103.81M). TradePulse brings Finit's advanced inference models to over 4,000 U.S. tickers, providing real-time insights through custom indicators like buy intensity and large trade volume, with a focus on market maker activity. X | LinkedIn View original content to download multimedia: SOURCE TradePulse Technologies, Inc.
