Voyage AI is building RAG tools to make AI hallucinate less
Oct 7, 2024
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Teng Yu Ma, the founder of Voyage AI and a Stanford professor, delves into the pressing issue of AI hallucinations that lead to inaccuracies in generated content. He discusses how RAG (Retrieval Augmented Generation) tools can enhance the reliability of AI systems, addressing concerns from businesses and workers alike about the potential fallout from erroneous outputs. The conversation illuminates Voyage AI's innovative strategies for improving AI accuracy, making it a vital resource for enterprises.
Many businesses are concerned about the inaccuracies of generative AI which can negatively impact their operations and bottom line.
Voyage AI is pioneering Retrieval Augmented Generation tools that enhance AI response accuracy by leveraging contextual embedding of data.
Deep dives
Concerns About AI Accuracy in Business
Many businesses are increasingly worried about the accuracy of generative AI systems, particularly in light of recent survey results showing that half of workers at companies express concerns over receiving inaccurate information. Such inaccuracies can significantly impact business outcomes, making the need for reliable AI a priority. To address this, innovative approaches like Retrieval Augmented Generation (RAG) are being utilized to enhance the reliability of AI responses. RAG leverages a knowledge base alongside AI models to fact-check and provide more accurate answers, which is particularly vital for businesses dependent on precise information.
Voyage AI's Innovative Solutions
Voyage AI has emerged as a key player in the RAG space by developing systems that enhance search accuracy and efficiency tailored to various industries, such as finance and legal sectors. The company specializes in transforming diverse data formats into vector embeddings, which encapsulate both the semantic meaning and the context of data, overcoming challenges that conventional methods face. For instance, Voyage's contextual embedding can differentiate between meanings of the word 'bank' based on its usage in different sentences. With an impressive client roster and recent funding achievements, Voyage is poised to expand its offerings and improve AI performance for its customers.
AI tends to make things up. That’s unappealing to just about anyone who uses it on a regular basis, but especially to businesses, for which fallacious results could hurt the bottom line. Half of workers responding to a recent survey from Salesforce say they worry answers from their company’s generative AI-powered systems are inaccurate