SolasAI, a leader in algorithmic fairness and model risk management software, has announced it is a founding member of the newly established Partnership for Assurance, Credibility, and Trust on AI (PACT AI). The coalition brings together enterprises, technical experts, AI insurers, and civil society leaders to build the shared infrastructure the AI economy needs to earn and sustain public trust.
Why This Partnership Matters
As enterprises across finance, insurance, and healthcare accelerate their AI deployments, the need for independent, verifiable trust mechanisms has become urgent. PACT AI was formed to address exactly that gap, uniting stakeholders across the AI value chain to build common-sense policies, professionalize the AI assurance sector, and grow market demand for rigorous verification.
For SolasAI, the move extends a mission it has pursued for years at the individual customer level — helping regulated institutions prove their AI systems are fair, explainable, and compliant — into a coalition-scale effort aimed at setting standards for the entire industry.
"AI assurance can't be optional, and it can't be done in isolation. We've built software that helps regulated institutions prove their models are fair, explainable, and deliver on their promises. But no single vendor can define trust for an entire economy."— Larry Bradley, Co-Founder and CEO, SolasAI
Building the Trust Infrastructure
Together, the PACT AI coalition is starting with the foundational work required to build a trusted assurance ecosystem, focused on three pillars: establishing common-sense policies, professionalizing the AI assurance sector, and growing the market to meet rising demand for rigorous, science-backed verification of AI systems.
As a founding member, SolasAI says it is helping lead the establishment of the standards and practices that will define trusted AI deployment — positioning the effort as a way for the industry to collectively ensure the technology powering the economy remains safe, secure, and reliable.