Glossary

What is an AI agent?

An AI agent is a model given tools, context, and a goal, running in a loop until the work is done: reading systems, taking actions, and escalating to humans when policy requires. Unlike a chatbot that only answers, an agent completes tasks such as triaging claims or clearing disputes.

Production agents need guardrails more than intelligence: sandboxed execution, audited tool grants, spend caps, and human escalation paths. The failure mode of an ungoverned agent is not wrong answers but wrong actions.

A fleet of narrow agents, each owning one workflow with clear metrics, consistently outperforms one general assistant. That is the architecture Allocate’s console is built around.

See Cloud Agents Try it: AI agent cost calculator

Related terms

Allocate is the cloud inference platform for companies that want to train and run their own models.