Prem AI
Embracing the vast potential of AI, Prem AI, a leading applied research lab, is spearheading a revolution in Small Language Models (SLMs) by challenging the notion that “bigger is better.” While tech giants are unveiling massive language models with billions of parameters, Prem AI is reshaping the future of AI with its focus on efficient, targeted, and highly customizable SLMs. These innovations are transforming how businesses and developers approach artificial intelligence.
Unlocking the Power of Small Language Models
Prem AI’s innovation centers around the idea that Large Language Models (LLMs) may be excessive for many real-world applications.
“We believe that creating smaller yet effective models is key to advancing AI,” says Simone Giacomelli, founder and CEO of Prem AI. “Our emphasis on SLMs aims to maximize impact while minimizing resource requirements.”
The company’s flagship model, Prem-1B, showcases the capabilities of SLMs by delivering impressive performance in a compact package with just 1 billion parameters. This model offers features previously thought exclusive to larger models while maintaining efficiency and accessibility.
Recognized for its unique approach, Prem AI recently secured $14 million in funding from notable investors like David Maisel (Marvel Studios), Fan Zhang (Sequoia), and Alan Lipschitz (Incubeta).
Customization: A Key to Success
2024-09-10 09:15:03
Source from www.ibtimes.com
