AI governance is crucial to organizational innovation, according to Stuart Strome, director at Gartner specializing in AI governance and information risk management, corporate compliance and ethics. Businesses that lead corporate governance initiatives around AI will be better placed to manage regulatory risks and facilitate technological advances without increasing friction.

Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...