ETtech Explainer: Has a new China-based AI model beaten Silicon Valley’s LLMs?
LLM in town.
Nearly a year after OpenAI’s ChatGPT made waves, leading to an artificial intelligence (AI) race among the world’s tech giants, notably Microsoft, Meta and Google parent Alphabet, a China-based AI startup is giving Silicon Valley a run for its money.
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Offering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Digital TransformationVisitThe company, called 01.AI, has attained unicorn status—a valuation of $1 billion—less than eight months since its inception. It has released its new large language model (LLM), which is said to outperform Silicon Valley models on key metrics.
An LLM is a computer algorithm trained on massive datasets to understand and process natural language. It is what is required for generative AI (genAI) platforms like ChatGPT.
What is 01.AI’s new LLM?
01.AI has been creating a buzz this week with the release of its new LLM, Yi-34B. The model was trained on 34 billion parameters—hence the ‘34B’ in its name.
Parameters are the weights of inputs a model learns to predict what comes next in a sequence.
Founded in March this year by Taiwanese computer scientist and venture capitalist Kai-Fu Lee, 0.1AI has released Yi-34B as an open-source model, now available to developers in Chinese and English.
Lee weighed in on X (formerly Twitter), calling Yi-34B ‘the world’s top open-source model’.
“01.AI is a bold but long-awaited endeavour for my pursuit of AI over 4 decades. Proud to introduce the world's top open-source model Yi-34B as our first release to the developers' community encouraging fantastic
