Maisa AI gets $25M to fix enterprise AI’s 95% failure rate

Maisa AI, a startup focused on addressing the high failure rate of enterprise AI projects, has recently secured $25 million in funding. The company's mission is to develop AI systems that are more transparent and accountable, addressing the common issue of "black box" AI algorithms that are difficult to understand and audit. According to the article, enterprise AI projects have a failure rate of around 95%, often due to a lack of trust in the AI systems and their decision-making processes. Maisa AI aims to address this by creating AI agents that can explain their actions and decisions, making them more transparent and trustworthy for businesses. The funding will be used by Maisa AI to further develop its technology and expand its reach to more enterprise customers. The company's approach emphasizes the importance of accountable AI in the successful implementation of automation and digital transformation initiatives within organizations.