Glossary Technology & AI
Hallucination
When an AI model states something false with the same confidence as something true. It is a property of how these models work, not a bug that has been fixed.
More from the glossary
Primary source
Original material such as a filing, a transcript, a dataset or a first-hand account, as opposed…
Quorum
The minimum number of members who must be present for a body to take a valid…
Custody
Who actually holds the keys. Self-custody means you do; a custodian means a regulated firm does,…
Valuation
An estimate of what a business is worth, usually derived from earnings, revenue or comparable companies.…

