Hallucination
Ai Machine LearningA hallucination is when an AI states something false or invented as if it were a confirmed fact.
Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.
A hallucination is when an AI states something false or invented as if it were a confirmed fact.
A humanoid robot is a robot built to move and work roughly like a human — walking on two legs and using arm-like limbs to manipulate objects.
IdeaSpace is a nonprofit foundation, backed by the Pangilinan business group, that runs accelerator programs for early-stage Filipino tech founders.
Inference is the moment an already-trained AI model actually generates an answer for a real user, after training is done.
Kickstart Ventures is Globe Telecom's corporate venture capital arm, investing in Philippine and regional tech startups.
An LLM is an AI trained on huge amounts of text so it can understand and generate human-like language, such as Claude or ChatGPT.
Liquidation preference is the contractual right that lets investors get paid back before founders and employees when a startup is sold or shut down.
LTV is the total revenue a business expects to earn from a single customer for as long as that customer keeps buying or paying.
A marketplace is a platform that connects buyers and sellers so they can trade directly, without the company itself owning the goods.
MCP is an open standard letting AI models connect to outside tools and data in one consistent way, instead of custom code each time.
MRR is the predictable revenue a subscription business collects every month from its currently active paying customers.
An MVP is the simplest version of a product a startup can build and release to learn whether real users actually want it, before investing more.