MPAI – the international AI-based data coding standards developing organisation – has published an epoch-marking AI-based standard called MPAI-CUI (Compression and Understanding of Industrial Data) that allows the assessment of a company from its financial, governance and risk data. An implementation of the standard is composed of several modules pre-processing the input data. A fourth module – called Prediction – is a neural network that has been trained with a large amount of company data of the same type as…

MPAI is about Data Coding by Artificial Intelligence (AI), and this is not a statement of intention. Indeed, the first fully developed standard is MPAI-CUI – Compression and Understanding of Industrial Data. If you inject financial statements, governance data and risk data (e.g., cyber and seismic) and a time horizon, an implementation of the standard gives you an estimate of the probability that the company defaults, the adequacy of the governance model and the probability that the company has a…

Geneva, Switzerland – 27 October 2021. After releasing 3 official standards at its previous monthly General Assembly, today the Moving Pic­ture, Audio and Data Coding by Artificial Intelligence (MPAI) standards developing organisation has published 1 more draft standard for comments, the step before official release. Comments are requested, by 20 November, prior to final approval at MPAI’s next 24 November General Assem­bly (MPAI-14) on: AI Framework (MPAI-AIF) enables creation and autom­ation of mixed Machine Learning, Artificial Intelligence, Data Processing and…

Thirty-four years ago, the first idea of an “independent” video coding group, later called MPEG, popped up. In a few years, the idea expanded to cover all media for all industries. I have already explained how the very technical and market success of the idea without an internal competition led to its demise. This is summarised by two facts Close to 9 years after publication of HEVC Decoders are installed in most TV sets and widely used Codecs are installed…

MPAI’s 12th General Assembly (MPAI-12) is not going to be like any of the other previous 12 General Assemblies (MPAI was established at MPAI-0) and the the reason is simple to explain. So far MPAI has made big announcements about its plans to develop AI-based data coding standards. In less than two weeks it plans on releasing the first three standards. At its last General Assembly (MPAI-11), it actually published the WDs of the working drafts of the three standards…