Trust Stamp announced that it has delivered its first compliance-related Sovereign-LLM project for an international telecommunications company. The model runs on the client's own servers with no external access and no reliance upon any third party for future operations. The company also announced a shareholder call scheduled for July 17 to unveil its strategic initiative to build and deliver Sovereign-AI implementations.
Trust Stamp delivers first Sovereign-LLM project for international telecom client.
Model runs on client's own servers with no external access.
Eliminates data poisoning, legal, and privacy concerns from sharing data with hyperscale AI.
Only ongoing costs are modest incremental power costs.
Focused on EU and African markets with $15B-$30B annual expenditure predicted by 2030.
Shareholder call scheduled for July 17.
Gareth N. Genner, Chief Executive Officer of the Company, stated: "For ten-years we have delivered proprietary AI-powered microservices in the course of which we have developed significant intellectual property and expertise in deploying custom-AI solutions not just on-premises and in the cloud, but also on-the edge for consumer devices. Our acquisition of Lexverify in February of this year reflected our plan to develop a broad range of LLM-based solutions in parallel to our identity authentication focus. We have successfully executed on that plan over the last four months and I am delighted to announce that yesterday we delivered our first compliance related Sovereign-LLM project for an international telecommunications company."
"Sovereignty" refers to building and running AI systems with independence regarding data, technology, operations, and legal structures. Because the model runs on-premises and is insulated from the Internet, Trust Stamp eliminated client concerns about data poisoning as well as legal and privacy concerns from sharing multi-national commercial and personal data with hyperscale-AI companies. As an additional benefit, the only ongoing costs are very modest incremental power costs as opposed to the substantial uncertainties attached to future costs of utilizing a frontier-AI company.
Genner continued: "This is a very important milestone for Trust Stamp, but it is just the tip-of-the-iceberg. Sovereign-LLM deployments provide not only data and technology sovereignty but also energy-efficient models focused on the precise needs of the client. We are focused on EU and African markets where accelerating demand for data and technology sovereignty provide immediate opportunities for Sovereign-LLM deployments. Using a conservative estimate, annual expenditure for such deployments in those markets is predicted to grow to as much as $15B to $30B by 2030."
On July 17, Genner will host a shareholder call to unveil the scale and significance of these developments. The time and access information will be published closer to that event.
About Trust Stamp
Trust Stamp is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure data, securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones, and thrive on the tech pulse.