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The Formiti Global Data Privacy Podcast

The Global AI Procurement Playbook: Governance, Security, and Risk Management

The Global AI Procurement Playbook: Governance, Security, and Risk Management

The rules of engagement have changed. Traditional software procurement is binary—a tool either works, or it doesn’t. AI procurement is probabilistic.
You aren’t just buying code; you are buying statistical outcomes. How do you draft a contract for a tool that works 95% of the time, hallucinates 4% of the time, and exhibits bias the remaining 1%?