Barclays Invests in CommonAI and Joins High Assurance AI Programme
BCS•Barclays invested in CommonAI, a collaborative platform founded by Anthemis and Cambridge AI Venture Partners offering startups advanced models, training data, hardware design expertise and compute. CommonAI launched a High Assurance AI programme for autonomous systems in high-risk environments, which Barclays will join to develop financial services solutions.
1. Barclays investment in CommonAI
Barclays made an investment in CommonAI to reinforce its AI infrastructure strategy. CommonAI was established by Anthemis and Cambridge AI Venture Partners to unite startups, enterprises, engineers and academics in building scalable AI solutions.
2. Membership model and platform capabilities
CommonAI’s membership model provides participants with access to advanced AI models, large-scale training datasets, hardware design expertise and compute resources. This structure aims to help startups and small businesses compete globally by closing scale and knowledge gaps.
3. High Assurance AI programme
CommonAI introduced a High Assurance AI programme to develop autonomous AI systems capable of reliable decision-making in high-risk environments. Barclays will join this initiative to explore strategic applications and create tailored AI solutions for financial services challenges.
