Search results for hallucination
AI & Enterprise
No insurance fits AI firms as mega-lawsuit risk grows
As the AI industry expands rapidly, insurers are struggling to offer products that cover legal liabilities from AI safety incidents, according to reports cited in the article. Lawsuits over chatbot harms and copyright in model training are rising, and incidents involving out-of-control AI agents add to litigation risks. Some specialised coverage exists but with limited caps, while optional AI exclusions are spreading in policies. Brokers warn exclusions increase uncertainty and disputes.
Finance
Banksalad develops AI controls to prevent financial transaction errors, files three patents
Banksalad has developed technology to control incorrect financial judgments and transaction execution by AI agents and has filed three related patent applications. The system establishes verification procedures to prevent transactions that could disadvantage customers when AI misanalyses product information or makes calculation errors. The technology focuses on execution-target assessment, numerical verification and execution control to address AI hallucination errors. The filings are at the application stage, not patent registration.
AI & Enterprise
Flood of legal AI tools leaves task of verifying fake case law
Major AI companies including Google, Anthropic and SpaceXAI are rolling out services aimed at lawyers and legal teams. But fabricated case law and incorrect legal reasoning generated by AI have repeatedly been found in court documents, making reliability checks a key challenge. A Canadian tribunal ordered a lawyer to pay costs after nonexistent precedents and faulty reasoning were found in Grok-produced material, while a U.S. law firm apologised for AI-generated errors in a filing.
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AI & Enterprise
Salesforce automates B2B sales prospecting to returns processing with AI agents
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AI & Enterprise
U.S. lawyer cited for contempt after including AI-made false testimony in appeal brief
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AI & Enterprise
Kakao wins government AI agent platform contract, steps up ecosystem expansion
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AI & Enterprise
MSIT, KISA publish AI security red-teaming guide
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Games & Commerce
Naver unveils core technology behind AI Tab
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AI & Enterprise
Elon Musk scores 992, Tim Cook 986 in service scoring AI recognition of famous names
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AI & Enterprise
AI-driven security strategy sees generational shift as priorities change
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AI & Enterprise
Clion builds Seoul generative AI chatbot 2.0 using proprietary RAG
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AI & Enterprise
DeepSeek-R1 hallucination rate quadruples versus V3 after stronger reasoning
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AI & Enterprise
OpenAI unveils GPT-Rosalind model tailored for biology research
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AI & Enterprise
From AGI to LLMs and hallucinations: unpacking confusing AI terms
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AI & Enterprise
ITCEN IN4U targets enterprise AI market with BXG AI agent platform
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AI & Enterprise
Why AI delivers no impact: Tech-first approach, ignoring data complexity and vendor-centric design
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AI & Enterprise
AI-generated policy-as-code can undermine enterprise access controls, engineer warns
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AI & Enterprise
Generative AI must shift from personal tool to corporate resource