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AI Trust Foundation Launches at AvePoint #shifthappens Conference to Advance Beneficial AI

JERSEY CITY, N.J., Oct. 11, 2023 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the most advanced platform to optimize SaaS operations and secure collaboration, today hosted the launch of the AI Trust Foundation, a non-profit membership organization designed to be the leading voice for promoting beneficial AI through education and outreach at all levels of society, at its #shifthappens Conference in Washington, D.C.

According to KPMG and the University of Queensland, 41% of individuals feel both excited and worried about AI usage. To mitigate this, the AI Trust will set the stage for AI standards and regulations so that the technology sector can maintain accountability and safely and effectively use this technology. Its headquarters will be in Washington, D.C., accessible to key policy and decision makers, as well as foundational members and thought leaders helping to drive the thinking in this space. Founding members of the AI Trust include Pryor Strategy Group and AvePoint. Partners supporting the AI Trust include 501cStrategies, Global Impact and Pillsbury.

Under their leadership, and with the collaboration of founding members, the AI Trust will address pressing issues surrounding the deployment of beneficial AI, including:

  • Regulatory Framework and Guidelines: Advance an effective framework and standards for data and content security, attribution, cybersecurity, and risk management.
  • Critical Infrastructure: Encourage adoption of AI safety brake models with a human on/off switch for critical infrastructure systems which utilize AI.
  • Section 230: Promote useful liability protections for AI-generated content.  
  • Trade and National Security: Promote fair export control policies for AI products and services.
  • Investment in AI R&D: Accelerate public and private sector investment in AI R&D, including the development of the National AI Research Resource (NAIRR).
  • Equity and Civil Rights: Protect and prioritize civil rights in the design, development, and deployment of AI systems.
  • Procurement Policies: Establish best practices for public procurements to spur innovation in AI.
  • Intellectual Property: Support fair copyright legal standards and fair use policies.

The AI Trust is advised by Pillsbury, a law firm leader in advising businesses on AI laws, regulations, and policy. Specifically, the Pillsbury team includes The Honorable Jerry McNerney (D-California), former Chair of the AI Congressional Caucus and a senior policy advisor at the firm; Elizabeth Vella Moeller, a seasoned public policy advocate and leader of Pillsbury’s Government Law and Strategies Group; and Tony Phillips, an experienced litigator and compliance lawyer who spent the last three years at a leading U.S. social media company advising on digital trust and safety risks and mitigations.

“There is incredible excitement across all levels of society for the potential of AI. At the same time, we do not have a leading voice for promoting the safe and beneficial use of this technology,” said The Honorable Jerry McNerney, former Chair of the AI Congressional Caucus. “I’m eager to work with our leadership team and encourage organizations in the technology ecosystem to join us as founding members, to be that voice, and to help design a path through the complex safety, technology and governance challenges we face with this technology, helping our civic, social, and business communities use AI for good.”

“At AvePoint, we help organizations build a strong data foundation so they can use AI and machine learning to drive innovation and productivity across industries,” said Dr. Tianyi Jiang, Co-founder and CEO, AvePoint. “We are eager to support the AI Trust and collaborate on shaping safe, compliant and productive uses of AI, so that we can realize the full potential of this technology for good within our industry and society at large.”

For more information on the AI Trust please visit, and for more on the #shifthappens Conference, please visit

About AvePoint
Collaborate with Confidence. AvePoint provides the most advanced platform to optimize SaaS operations and secure collaboration. Over 17,000 customers worldwide rely on our solutions to modernize the digital workplace across Microsoft, Google, Salesforce and other collaboration environments. AvePoint's global channel partner program includes over 3,500 managed service providers, value added resellers and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit

About the AI Trust Foundation
The AI Trust Foundation, a Washington, DC based 501(c)(3) nonprofit organization founded by leaders in industry, philanthropy and academia to serve as the leading voice for advancing beneficial AI by building public confidence in AI through education and outreach at all levels of society. The AI Trust offers Members a seat at the table at high-impact educational events and working groups led by a team of experienced, effective advisors, including the former Chair of the Congressional AI Caucus. The AI Trust is seeking engagement from diverse stakeholders to help us build public confidence in AI and advance the groundwork needed for regulations and legislation to address complex safety, technology and governance challenges. To join our efforts to create a brighter future through beneficial AI, please visit or contact the AI Trust at

About Pillsbury
Pillsbury Winthrop Shaw Pittman LLP is an international law firm with a particular focus on the technology & life sciences, energy, financial, and real estate & construction sectors. Recognized as one of the most innovative law firms by Financial Times and one of the top firms for client service by BTI Consulting, Pillsbury and its lawyers are highly regarded for their forward-thinking approach, their enthusiasm for collaborating across disciplines and their authoritative commercial awareness.

Disclosure Information
AvePoint uses the website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of AvePoint’s most recent Quarterly Report on Form 10-Q and its registration statement on Form S-1 and related prospectus and prospectus supplements filed with the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations.

Investor Contact
Jamie Arestia  
(551) 220-5654

Media Contact
Nicole Caci    
(201) 201-8143


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