Categories: AI Technology

Innovative Tech by Stanhope AI to Reduce AI Hallucinations

In London, a pioneering startup, Stanhope AI, is ushering in a new era in the field of artificial intelligence. With a fresh injection of £2.3 million in funding, this venture is on a mission to transform the landscape of robotics, making them smarter, more reliable, and less prone to errors—a common challenge with today’s AI-driven systems.

At the heart of Stanhope AI’s innovative thrust is their development of “agentic AI”, a form of artificial intelligence that mirrors human behavior in its capacity to undertake broad objectives, strategize the necessary steps to achieve them, and adapt along the way. This technology promises to revolutionize how machines, from drones to warehouse robots, operate in real-world settings, making them not only more efficient but also safer and more dependable.

The investment round, led by the UCL Technology Fund and supported by several notable venture capitals including Creator Fund, MMC Ventures, Moonfire Ventures, and Rockmount Capital, marks a significant endorsement of Stanhope AI’s approach and its potential to redefine the boundaries of machine intelligence.

Stanhope AI’s technology stands in stark contrast to the generative AI models that have dominated the field in recent years. While these models, like the ones powering popular chatbots, have showcased remarkable abilities, their reliance on vast datasets and pre-programmed information limits their adaptability and reliability in dynamic environments. Stanhope’s “agentic AI”, however, learns on the fly, constantly absorbing new information, and adjusting its behavior based on its surroundings, akin to human learning and decision-making processes.

This innovative approach is rooted in a principle from neuroscience known as “active inference”. This concept suggests that the human brain is continually learning from sensory information, refining its predictions and actions based on real-time feedback. Stanhope AI applies this principle to its AI systems, enabling them to self-correct and optimize their operations in any given scenario.

Moreover, Stanhope AI’s technology employs the “free energy principle” from neuroscience, which posits that the human brain optimizes decision-making by focusing on the most relevant information and disregarding the unnecessary. By constructing a “world model” for its AI—a comprehensive yet flexible framework that understands the rules and parameters of its operational environment—Stanhope’s technology can make more focused and efficient decisions.

The practical applications of Stanhope AI’s technology are vast, spanning industries such as logistics, construction, and even defense. Indeed, the company’s initial strides into the market were made through contracts in the defense sector, underscoring the robustness and versatility of its AI system. Notably, Stanhope AI is committed to ethical principles, ensuring that its innovations are not used in offensive weaponry, reflecting a broader commitment to responsible AI development.

As Stanhope AI gears up to validate its technology in real-world applications, the startup is not just advancing the frontiers of AI but also charting a new course for the integration of intelligent systems in everyday life. From ensuring the seamless operation of industrial robots to enhancing the capabilities of drones, Stanhope AI’s journey represents a leap towards a future where machines can learn, adapt, and make decisions with the nuance and wisdom of human intelligence.

Source: Sifted


Like this article?  Keep up to date with AI news, apps, tools and get tips and tricks on how to improve with AI.  Sign up to our Free AI Newsletter

Also, come check out our free AI training portal and community of business owners, entrepreneurs, executives and creators. Level up your business with AI ! New courses added weekly. 

You can also follow us on X

AI News

Recent Posts

Kling AI from Kuaishou Challenges OpenAI’s Sora

In February 2024, OpenAI introduced Sora, a video-generation model capable of creating one-minute-long, high-definition videos.…

5 months ago

Alibaba’s Qwen2 AI Model Surpasses Meta’s Llama 3

Alibaba Group Holding has unveiled Qwen2, the latest iteration of its open-source AI models, claiming…

5 months ago

Google Expands NotebookLM Globally with New Features

Google has rolled out a major update to its AI-powered research and writing assistant, NotebookLM,…

5 months ago

Stability AI’s New Model Generates Audio from Text

Stability AI, renowned for its revolutionary AI-powered art generator Stable Diffusion, now unveils a game-changing…

5 months ago

ElevenLabs Unveils AI Tool for Generating Sound Effects

ElevenLabs has unveiled its latest innovation: an AI tool capable of generating sound effects, short…

5 months ago

DuckDuckGo Introduces Secure AI Chat Portal

DuckDuckGo has introduced a revolutionary platform enabling users to engage with popular AI chatbots while…

6 months ago