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Most AI tools suffer from ‘hallucination'
Most AI tools suffer from ‘hallucination'

Hans India

time24-06-2025

  • Business
  • Hans India

Most AI tools suffer from ‘hallucination'

Most artificial intelligence systems suffer from the flaw of 'hallucination' and are not meant for India's small enterprises in the manufacturing sector, deep-tech company Vexoo Labs has said and claimed its AI solutions are for the 'real world'. 'The focus on factual accuracy is both rare and crucial,' said Ajay Kumar, senior business leader, AI Evangelist and a board advisor at Vexoo Labs. He said most AI tools today are built for showcase, not for reliability. In the industrial alleys of Rajkot, the looms of Tiruppur, and the machining units of Coimbatore, India's small and mid-sized manufacturers are facing a silent crisis, he noted. 'It's not rising input costs or labour shortages alone - it's the growing complexity of data, and the absence of any reliable AI system to help make sense of it,' Kumar said. According to Kumar, despite the global boom in artificial intelligence, 'most systems on the market today suffer from a dangerous flaw: hallucinations — confidently delivering factually incorrect information. For India's MSMEs, where decisions have direct operational and financial consequences, this isn't just a flaw, it's a liability.' He further said that even at global AI showcases like Super AI, dozens of platforms claim to be transformative. But behind the gloss lies a glaring truth — most are built atop general-purpose language models that continue to hallucinate. 'While the world chases scale and speed, accuracy has quietly fallen through the cracks,' he said, adding, Vexoo Labs' reasoning-first architecture, compact models, and local execution capabilities make it especially relevant for Tier-II and Tier-III cities, where India's manufacturing momentum truly lies. He said the company's focus on trustworthy AI for real-world India is already resonating across enterprise and public sector conversations. 'We didn't set out to build a shinier chatbot. We set out to solve the core flaw in AI itself — hallucinations,' added Aditya Vardhan, co-founder of Vexoo Labs. 'Manufacturers in Ludhiana, Surat or Bhiwadi shouldn't have to rely on guesswork. They deserve AI that answers clearly, correctly, and fast — and that's what we're building at Vexoo Labs,' Vardhan explained. He said that as India eyes to become a $5-trillion economy, the 'real digital leap may not come from big cities or billion-parameter models, but from trust-first intelligence deployed deep within India's industrial backbone'.

Most AI tools suffer from 'hallucination'; not for Indian manufacturing sector MSMEs: Vexoo Labs
Most AI tools suffer from 'hallucination'; not for Indian manufacturing sector MSMEs: Vexoo Labs

Time of India

time23-06-2025

  • Business
  • Time of India

Most AI tools suffer from 'hallucination'; not for Indian manufacturing sector MSMEs: Vexoo Labs

Live Events SINGAPORE: Most artificial intelligence systems suffer from the flaw of 'hallucination' and are not meant for India's small enterprises in manufacturing sector, deep-tech company Vexoo Labs has said and claimed its AI solutions are for the "real world"."The focus on factual accuracy is both rare and crucial," said Ajay Kumar, Senior Business Leader, AI Evangelist and a Board Advisor at Vexoo said most AI tools today are built for showcase, not for the industrial alleys of Rajkot , the looms of Tiruppur, and the machining units of Coimbatore, India's small and mid-sized manufacturers are facing a silent crisis, he noted."It's not rising input costs or labour shortages alone - it's the growing complexity of data, and the absence of any reliable AI system to help make sense of it," Kumar told PTI on the sidelines of Super AI, a mega exhibition and conference held June to Kumar, despite the global boom in artificial intelligence, "most systems on the market today suffer from a dangerous flaw: hallucinations — confidently delivering factually incorrect information"."For India's MSMEs , where decisions have direct operational and financial consequences, this isn't just a flaw, it's a liability," he further said that even at global AI showcases like Super AI, dozens of platforms claim to be transformative. But behind the gloss lies a glaring truth — most are built atop general-purpose language models that continue to hallucinate."While the world chases scale and speed, accuracy has quietly fallen through the cracks," he said, adding, Vexoo Labs' reasoning-first architecture, compact models, and local execution capabilities make it especially relevant for Tier-II and Tier-III cities, where India's manufacturing momentum truly said the company's focus on trustworthy AI for real-world India is already resonating across enterprise and public sector conversations."We didn't set out to build a shinier chatbot. We set out to solve the core flaw in AI itself — hallucinations," added Aditya Vardhan, Co-Founder of Vexoo Labs."Manufacturers in Ludhiana, Surat or Bhiwadi shouldn't have to rely on guesswork. They deserve AI that answers clearly, correctly, and fast — and that's what we're building at Vexoo Labs," Vardhan said as India eyes to become a $5-trillion economy, the "real digital leap may not come from big cities or billion-parameter models, but from trust-first intelligence deployed deep within India's industrial backbone".

Investor's tip to Indian manufacturers: Adopt tech and become 'Silicon Valley' for global funds
Investor's tip to Indian manufacturers: Adopt tech and become 'Silicon Valley' for global funds

Time of India

time21-06-2025

  • Business
  • Time of India

Investor's tip to Indian manufacturers: Adopt tech and become 'Silicon Valley' for global funds

Indian investor Ankit Kedia urges the manufacturing sector to adopt affordable AI and tech to build a 'home-grown Silicon Valley,' leveraging government incentives and tier 2 and tier 3 cities. At the Super AI event, he highlighted rising investor interest, global potential, and plans to raise Rs 400 crore for Capital-A Fund-2. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Given the government's generous incentives, the Indian manufacturing sector should adopt technology to become a " Silicon Valley " that attracts global sovereign funds, said Bengaluru-based industrialist-turned-investor Ankit Kedia."Eventually, we should build Indian manufacturing startups that expand abroad as part of our future plans, as we want to make products for the world with a home-grown Silicon Valley-type ecosystem," Kedia said in an interview to PTI at the Super AI conference and exhibition held June 18-19 technology must be made affordable for these cash-strapped manufacturers operating in lower-cost environments in tier 2 and tier 3 cities, he already recognised as a technology hub and often called India's Silicon Valley, should now focus on manufacturing, especially by leveraging advanced technologies such as artificial intelligence, he who is currently working on a Rs 400-crore Fund-2 under his five-year-old Capital-A, shared his vision for the Indian manufacturing sector over the next 15 years, aiming for a strong foundation across the country, starting with low-cost factories in tier 2 and tier 3 two decades of experience in various industries and five years of running Capital-A Fund-1, Kedia is focused on technologies for the manufacturing sector, which he wants to combine with his long-term investment horizon of 15 to 20 has explored opportunities for the use of AI in manufacturing at the Super AI show, stating that he is returning home to raise Rs 400 crore for Fund-2, which will be strategically invested in factories in tier 2 and tier 3 cities such as Amritsar, Pune, Ahmedabad."We want hardware producers in these cities to form the foundation of our future manufacturing ecosystem and to share prosperity across the country," he said."India's large consumer market, along with the government's Production Linked Incentive (PLI) schemes, provides further confidence to investors to support small and medium-sized software or hardware manufacturers, who will have a low-cost advantage when competing globally," he also sees international sovereign funds moving to India for better returns on investment, especially as they face pressure from global Fund-1 has reported an Internal Rate of Return (IRR) of 28 per cent and is being tracked at 1.8X, Kedia said."Such fund returns are becoming more and more attractive to sovereign funds in Europe and the United States," said the fund manager, who invested Rs 120 crore under Fund-1 across 25 investments five years ago."The strong domestic market, the stability of the Indian ecosystem, and the potential of leveraging an increasing number of free trade agreements (FTAs) between India and international markets are all plus points for our manufacturing sector," he Arora, founder and CEO of Noida-based Macgence, noted that more and more enterprises are shifting to AI-automation to be more cost-effective and capture a bigger share of the market through efficient production."Small manufacturers in tier 2 and tier 3 city regions are able to use AI to communicate with their clients - a real time translation is offered to these small manufacturers to communicate in any language with clients."This will increase their communication skills and reach to global businesses as well as a large audience," said the 24-year-old who started with a language solutions company and now runs training data solutions for AI companies 7,000 participants from more than 100 countries attended the Singapore Super AI.

Investors tip to Indian manufacturers: adopt tech and become Silicon Valley for global funds
Investors tip to Indian manufacturers: adopt tech and become Silicon Valley for global funds

Mint

time21-06-2025

  • Business
  • Mint

Investors tip to Indian manufacturers: adopt tech and become Silicon Valley for global funds

Singapore, Jun 21 (PTI) Given the government's generous incentives, the Indian manufacturing sector should adopt technology to become a "Silicon Valley" that attracts global sovereign funds, said Bengaluru-based industrialist-turned-investor Ankit Kedia. "Eventually, we should build Indian manufacturing startups that expand abroad as part of our future plans, as we want to make products for the world with a home-grown Silicon Valley-type ecosystem," Kedia said in an interview to PTI at the Super AI conference and exhibition held June 18–19 here. However, technology must be made affordable for these cash-strapped manufacturers operating in lower-cost environments in Tier-II and Tier-III cities, he said. Bengaluru, already recognised as a technology hub and often called India's Silicon Valley, should now focus on manufacturing, especially by leveraging advanced technologies such as artificial intelligence, he suggested. Kedia, who is currently working on a ₹ 400-crore Fund-2 under his five-year-old Capital-A, shared his vision for the Indian manufacturing sector over the next 15 years, aiming for a strong foundation across the country, starting with low-cost factories in Tier-II and Tier-III cities. With two decades of experience in various industries and five years of running Capital-A Fund-1, Kedia is focused on technologies for the manufacturing sector, which he wants to combine with his long-term investment horizon of 15 to 20 years. Kedia has explored opportunities for the use of AI in manufacturing at the Super AI show, stating that he is returning home to raise ₹ 400 crore for Fund-2, which will be strategically invested in factories in Tier-II and Tier-III cities such as Amritsar, Pune, Ahmedabad. "We want hardware producers in these cities to form the foundation of our future manufacturing ecosystem and to share prosperity across the country," he said. "India's large consumer market, along with the government's Production Linked Incentive (PLI) schemes, provides further confidence to investors to support small and medium-sized software or hardware manufacturers, who will have a low-cost advantage when competing globally,' he emphasized. Kedia also sees international sovereign funds moving to India for better returns on investment, especially as they face pressure from global uncertainties. Capital-A Fund-1 has reported an Internal Rate of Return (IRR) of 28 per cent and is being tracked at 1.8X, Kedia said. "Such fund returns are becoming more and more attractive to sovereign funds in Europe and the United States," said the fund manager, who invested ₹ 120 crore under Fund-1 across 25 investments five years ago. "The strong domestic market, the stability of the Indian ecosystem, and the potential of leveraging an increasing number of free trade agreements (FTAs) between India and international markets are all plus points for our manufacturing sector," he underscored. Harshul Arora, founder and CEO of Noida-based Macgence, noted that more and more enterprises are shifting to AI-automation to be more cost-effective and capture a bigger share of the market through efficient production. "Small manufacturers in Tier-II and -III city regions are able to use AI to communicate with their clients – a real time translation is offered to these small manufacturers to communicate in any language with clients. "This will increase their communication skills and reach to global businesses as well as a large audience," said the 24-year-old who started with a language solutions company and now runs training data solutions for AI companies globally. Over 7,000 participants from more than 100 countries attended the Singapore Super AI.

Most AI tools 'hallucinate'; not meant for Indian MSMEs : Vexoo Labs
Most AI tools 'hallucinate'; not meant for Indian MSMEs : Vexoo Labs

Business Standard

time21-06-2025

  • Business
  • Business Standard

Most AI tools 'hallucinate'; not meant for Indian MSMEs : Vexoo Labs

Most artificial intelligence systems suffer from the flaw of 'hallucination' and are not meant for India's small enterprises in manufacturing sector, deep-tech company Vexoo Labs has said and claimed its AI solutions are for the "real world". "The focus on factual accuracy is both rare and crucial," said Ajay Kumar, Senior Business Leader, AI Evangelist and a Board Advisor at Vexoo Labs. He said most AI tools today are built for showcase, not for reliability. In the industrial alleys of Rajkot, the looms of Tiruppur, and the machining units of Coimbatore, India's small and mid-sized manufacturers are facing a silent crisis, he noted. "It's not rising input costs or labour shortages alone - it's the growing complexity of data, and the absence of any reliable AI system to help make sense of it," Kumar told PTI on the sidelines of Super AI, a mega exhibition and conference held June 18-19. According to Kumar, despite the global boom in artificial intelligence, "most systems on the market today suffer from a dangerous flaw: hallucinations confidently delivering factually incorrect information". "For India's MSMEs, where decisions have direct operational and financial consequences, this isn't just a flaw, it's a liability," he added. He further said that even at global AI showcases like Super AI, dozens of platforms claim to be transformative. But behind the gloss lies a glaring truth most are built atop general-purpose language models that continue to hallucinate. "While the world chases scale and speed, accuracy has quietly fallen through the cracks," he said, adding, Vexoo Labs' reasoning-first architecture, compact models, and local execution capabilities make it especially relevant for Tier-II and Tier-III cities, where India's manufacturing momentum truly lies. He said the company's focus on trustworthy AI for real-world India is already resonating across enterprise and public sector conversations. "We didn't set out to build a shinier chatbot. We set out to solve the core flaw in AI itself hallucinations," added Aditya Vardhan, Co-Founder of Vexoo Labs. "Manufacturers in Ludhiana, Surat or Bhiwadi shouldn't have to rely on guesswork. They deserve AI that answers clearly, correctly, and fast and that's what we're building at Vexoo Labs," Vardhan explained. He said as India eyes to become a USD 5-trillion economy, the "real digital leap may not come from big cities or billion-parameter models, but from trust-first intelligence deployed deep within India's industrial backbone".

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