Gaia Dynamics launched its new artificial intelligence (AI)-driven platform designed to simplify global trade compliance.
“Right now, we’re facing heightened uncertainty around how global trade, the backbone of our interconnected world, will be impacted by the presidential transition in the U.S.,” says Emil Stefanutti, founder and CEO of Gaia Dynamics. “The coming months will indicate exactly what brokers, importers and exporters need to be prepared for. We’re here to help these businesses navigate the ever-changing world of regulations so they can reduce risk, save time, and focus on growth.”
Key takeaways:
- By leveraging AI-powered systems, product descriptions are matched to the Harmonized Tariff Schedule (HTS) with 92% accuracy. This reduces the risk of misclassifications and penalties.
- With models trained on the most current regulations, Gaia Dynamic’s platform continuously monitors updates, flags compliance risks, and provides actionable recommendations to navigate shifting trade policies.
- By analyzing historical trade data and market trends, the platform enables businesses to anticipate risks, optimize supply chains, and adapt to tariff changes.
- AI-powered insights reduce compliance time for a single shipment from approximately 10 hours to under two, allowing businesses to focus on growth. The platform can also assign the correct HTS code within 30 seconds, compared to at least 15 minutes if done manually.
"AI will streamline global trade," says Andrew Ng, managing general partner of AI Fund. "Through Gaia Dynamics, businesses can simplify the mind-bogglingly complex process of complying with trade regulations. Emil and team's work will help businesses navigate global commerce."
