Fannie Mae, Freddie Mac shares tumble after conservatorship comments
NEW YORK – Innodata Inc. (NASDAQ:INOD), a global data engineering firm, announced the beta launch of its Generative AI Test & Evaluation Platform at the GTC 2025 conference in San Jose, California. The platform, which utilizes NVIDIA’s advanced inferencing technology, aims to improve the safety, reliability, and performance of enterprise AI models.
The Generative AI Test & Evaluation Platform offers automated adversarial testing, vulnerability detection, and model benchmarking. These features are designed to enhance AI deployments by identifying potential risks and optimizing model performance throughout their lifecycle. The full release of the platform is scheduled for the second quarter of 2025.
By integrating NVIDIA NIM™ microservices with Innodata’s expertise in LLM red-teaming and risk mitigation, the platform seeks to accelerate the development of generative AI models and ensure their trustworthiness. It provides real-time safety insights to help businesses deploy generative AI solutions securely.
MasterClass, an online learning platform, has become an early adopter of Innodata’s platform. They plan to use the platform to ensure their generative AI investments offer secure and reliable customer experiences. Innodata CEO Jack Abuhoff believes that the platform will play a crucial role in transitioning generative AI from development to production by providing essential tools for monitoring model integrity and performance.
Key features of the platform include comprehensive risk vector exposure through adversarial testing, domain-specific prompt libraries for model benchmarking, and advanced reporting metrics for insights into model accuracy and performance.
The platform is currently on display at Innodata’s booth in the Generative AI Pavilion at GTC 2025, which runs from March 17-21. Those unable to attend the conference can schedule a demonstration or visit Innodata’s website for more information.
This news is based on a press release statement and contains forward-looking statements that involve risks and uncertainties, including those detailed by Innodata in their filings with the Securities and Exchange Commission. The actual results could differ materially from those projected in the forward-looking statements. While trading at $41.38, InvestingPro analysis indicates the stock is currently trading above its Fair Value, suggesting investors should carefully consider their entry points. A detailed Pro Research Report, available to subscribers, provides comprehensive analysis of Innodata’s valuation metrics and growth prospects.
In other recent news, Innodata Inc. reported impressive financial results for the fourth quarter of 2024, surpassing analyst expectations. The company achieved earnings per share of $0.34, significantly higher than the projected $0.21, and recorded revenue of $59.2 million, exceeding the anticipated $52.98 million. This strong performance led BWS Financial to raise its price target for Innodata shares from $45 to $74 while maintaining a Buy rating. Analysts noted the company’s strategic investments, including workforce expansion, as crucial to securing more projects and achieving its ambitious revenue targets. Innodata’s revenue for the full year 2024 reached $170.5 million, marking a 96% increase from the previous year, with a notable 127% year-over-year growth in the fourth quarter alone. The company forecasts over 40% revenue growth in 2025, driven by increasing demand for AI services and strategic investments in technology and operations. Innodata’s commitment to expanding its capabilities is reflected in the $24 million in new annualized run rate revenue from its largest customer, alongside a 159% sequential revenue growth from other major tech customers. These developments underscore the company’s strong market positioning and growth trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.