"The Race for Language Models: Companies Rush to Build their LLMs with AI"
Latest Developments in the Rush to Build Large Language Models (LLMs) by Big Tech Companies.
In the field of AI, several companies are taking significant steps forward. Here are some noteworthy companies and their contributions:
OpenAI: Since Microsoft-backed OpenAI has released it’s LLM’s ( Large Language Model’s ) GPT 3.5 and GPT 4, the tech world has shifted it’s eyes on to it.
Photo by Andrea De Santis on Unsplash
Microsoft: The tech giant is using OpenAI's technology to improve its search engine, where Google has been dominating over the years. It is time for someone to break the monopoly of the search engine market, and Microsoft is stepping in to make a dent, by introducing Bing Chat. It is also integrating into it’s office suite, as Microsoft 365 copilot.
Microsoft 365 Copilot - Link to the Demo
Bain & Company: The world's largest management consulting firm is working with OpenAI to integrate AI technologies into its management systems, research, and processes. Coca-Cola is set to be the first major consumer product to use the system.
Snap: Snapchat is using My AI on Snapchat+ to offer its 2.5 million users an AI chatbot that can provide dinner recipes and weekend trip plans.
Instacart: The grocery delivery and pick-up service is integrating ChatGPT into its app for a new search engine feature called "Ask Instacart."
Google: With AI going mainstream, Google got into a position that it had to release it’s version of LaMDA, LLM to compete with it’s competition and it had tried releasing it’s version of ChatGPT, named Bard. Though Bard is not up to the mark of it’s competition, It’s release has caused quite a stumble on it’s stock marking it to loose a huge $100 Billion on it’s market cap. Google had roled out it’s Bard as Bard Experiment to public use.
You can check it here - https://bard.google.com/
Photo by Mitchell Luo on Unsplash
Anthropic : Google invested $300 million in AI firm founded by former OpenAI researchers. It is going to launch it’s version of ChatGPT named Claude.
Other top companies that are building their version of LLM’s:
Meta: Meta introduced LLaMA-13B, an AI-powered large language model (LLM) that it says can do better than OpenAI's GPT-3 model even though it is "10 times smaller." Smaller AI models could make it possible for language helpers like ChatGPT to run locally on PCs and phones. It's part of a new group of language models called "Large Language Model Meta AI," or LLAMA for short.
Photo by Dima Solomin on Unsplash Standford’s Alpaca : The Centre for Research on Foundation Models at Stanford University made Alpaca, a small but powerful 7B language model. It was tweaked from Meta AI's LLaMA 7B model and trained on 52K instruction-following demos made in the style of self-instruct using Open AI's text-davinci-003. Alpaca has many of the same behaviors as Open AI's text-davinci-003 on the self-instruct evaluation set, but it is also surprisingly small and easy/cheap.
Salesforce Einstein GPT : Einstein GPT, the world's first generative AI CRM technology, was released today by Salesforce, the global leader in CRM. Einstein GPT uses AI to make content for every sales, service, marketing, commerce, and IT interaction at a very large scale. With Einstein GPT, Salesforce will use creative AI to change how every customer interacts with the company.
Databricks : Researchers at Databricks set up an LLM that is similar to ChatGPT. They used open source code and a model with 6 billion factors to do this in 30 minutes on one machine.
These are the few big tech companies, that are stepping up their game to get into the AI space, which has a market size of almost US $ 140 billion and is expected to hit US $ 1,847.58 billion by 2030.
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