North, formerly known as North American Bancard, announced today that Jeffrey Vagg, Chief Data and Analytics Officer, has been named an H2O.ai 2024 AI 100 Leader, a distinction given to individuals and companies making the most significant contributions to innovation and transformational AI applications across multiple industries.
Vagg was chosen from public nominations, LLM-powered analysis, ranked by H2O.ai’s VP of Data Science, Olivier Grellier, and independent research firm Evident AI.
“By 2030, every Fortune 500 company will be run by an AI maker or Data Scientist. AI and data-driven strategies will form the DNA of every purpose-led organization,” said Sri Ambati, CEO and founder of H2O.ai.
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Vagg, elated with gratitude, said, “This award reflects the great effort of my team at North. Together, we are exploring ways in which the infusion of AI in our solutions can push the frontiers of innovation in services.“
Vagg emphasized North’s commitment to AI, saying, “At North, each one of us tries to strike a balance between performance, cost, and risk in our AI strategies. By combining classic machine learning algorithms with expert systems and pattern recognition, we come up with robust and reliable solutions. We’re also exploring generative AI and deep learning to further elevate these processes.”
He added, “With AI, we hugely optimize fraud monitoring and merchant services, meaning that we are better placed to go above and beyond for our merchants while optimizing our internal operations.”
In sum, Vagg was feeling quite proud about the progress made by North and was very excited to see what the future held, saying, “I’m Excited to continue this journey with our talented team, shaping the future of AI-driven innovation.”
The H2O AI 100 list underlines emergent trends in AI adoption, driven by strong representation from Technology, Financial Services, the Public Sector, and Healthcare. More significantly, it lists 56 C-Suite executives across 47 Fortune 500 companies besides the researchers that are advancing AI science and ethics.
While North America retains a lion’s share with 80 honorees, the list also reported surging AI hubs in Asia, Europe, and Latin America. Consequently, it touts some of the most promising “AI for Good” applications in areas such as climate change, wildlife conservation, and healthcare accessibility.
About H2O.ai
Founded in 2012, H2O.ai is democratizing generative AI. With their open-source generative AI, Enterprise H2O GPT, Document AI, and award-winning AutoML Driverless AI, H2O.ai has transformed over 20,000 global organizations, including more than half of the Fortune 500. Their AI for Good program supports education, healthcare, and environmental conservation initiatives worldwide. Its community of 2 million data scientists collaborates with customers to co-create valuable GenAI applications, empowering business users to drive greater productivity with LLMs and enterprise applications.
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