SOURCE-LINKED INTELLIGENCE

A novel synthetic data generation platform that produces private, secure and robust synthetic data for AI use cases

CORDIS · observation · Publication date unknown

A novel synthetic data generation platform that produces private, secure and robust synthetic data for AI use cases The age of the artificial intelligence (AI) revolution has arrived, bringing with it numerous opportunities across key industries, including healthcare, banking, and retail. Recent studies indicate that AI has the potential to increase global GDP by EUR14.03 trillion by 2030. However, the effectiveness of AI systems has thus far been limited by a lack of access to high-quality data without infringing on privacy rights. Poor data quality—characterized by incompleteness, inaccuracies, outdated information, or irrelevance—can lead to biased predictions and erroneous decisions, affecting up to 80% of AI projects. To address these issues, synthetic data has emerged as a potential solution. Synthetic data is artificially generated information that mirrors the statistical properties of real-world data. This data can be freely processed and used in AI model development without risking privacy breaches. Howev

Read original source ↗ Open in workspace

recordType

award

status

SIGNED

region

EU

value

2080085.71

unit

EUR