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The enterprise is a bulwark on AI systems that can understand and generate texts known as language models. According to a study by John Snow Labs, by 2020 technology leaders have increased their budget for AI language technologies by 60 percent by at least 10 percent. And one provider, OpenII, says it is using the Premier language model GPT-3. Tens of thousands of developers.
Eager for the bread, new suppliers have come up with unique language modeling skills in recent years. In addition to well-established startups such as OpenAI, Cohere and Hugging Face, there are many vendor build services on open source AI models. Sitting in the middle, the Israeli company AI21 Labs gradually developed its products around it, including the Jurasic-1 Jumbo, approximately GPT-3-sized – and AI-as-a-service. The platform, called AI21 Studio, allows clients to create virtual assistants, chatbots, content editing tools, and more.
Investors recognize that there is an opportunity. Today, AI21 Labs closed the company’s $ 644 million B Series B round. Transparent A21Labs has a total market capitalization of $ 118.5 million.
Co-founder and CEO Ori Goshen said the new money will be used for R&D, especially to develop large and sophisticated language models and recruit talent. AI21 Labs currently has 120 employees and plans to hire an additional 50 by the end of the year, in defiance of the macroeconomic trend.
Fortunately, the epidemic has had a positive effect on the business – many companies have had to report in writing what they normally share when they move abroad. ”[Our] Ownership of large language models allows for the acquisition of large amounts of corporate data ለመስራት Custom content creation, summary and classification.
AI21 Labs was co-founded in 2017 by Goshen, Shashua and Stanford University professor Joao Shoham. Of the company The first product was Wordtune, an AI-powered text help to compete with grammar, which suggests recalculating text wherever users type. AI21 Studio was released last August, with a “on-the-go” service that allows developers to apply for custom-tailored custom models on specific databases.
AI21 Labs provides various adjustment parameters to customize the output of the models. Image thanks AI21 Labs
In AI21 Studios, the AI21 Labs’Jurassic-1 family of models can be used for translation (creating short brand names), extracting data from text and naming emails and notes by title or category. The models can summarize content with the feature called Wordtune Read, including clips from articles, reports and PDF files.
With a large amount of information available on the Internet, including social media, language models can generate toxic and discriminatory material based on the same languages they encountered during training. AI21 Labs models are no different; During the first test, one researcher was able to say that “people who love Jews are mentally retarded.” Although AI21 Labs requires customers to comply with the Terms of Use and Terms of Use, it has not implemented filtering for potentially harmful content generated by the APIs.
AI21 Labs, which says it will review questions from well-adjusted models to combat abuse, said the models are “slightly biased” from GPT-3.
In any case, according to Goshen, the models benefit from the addition of external sources such as Wikipedia. The latest AI21 Labs’ Jurassic-1 model, Jurassic-X, uses Goshen’s “modular reasoning system” to improve the answer, such as online calculators and currency converters. Jurassic-X can answer “non-trivial” arithmetic tasks in natural language, which, according to Goshen, also simplifies “complex” questions that can distort other language models.
Of course, AI21 Labs did not offer Jurassic-X models to compare with other commercial language models, so we have to keep claiming.
The company’s dubious recent transaction process does not bring much confidence. In June, AI21 Labs launched a model chat session on the death of Supreme Court Judge Ruth Bader Ginsberg, which saw a number of AIs. Technologists call it misleading. Responding to the criticism, AI21 Labs said the chatbot was “just an experiment” and “incorrect responses” that should be taken with “salt particles”.
When asked, Goshen refrained from disclosing strong income figures or growth estimates. But the studio says it has “hundreds” of paid customers and design partners – none of whom refused to be named – in addition to the more than 10,000 free plan users, Wordtune has “million” users.
Given the cost of training advanced models, there may be significant investment pressure to expand. AI21 Labs’ own study cost 1.5 billion units (ie, variables used to generate and analyze text) to create a model that generates up to $ 1.6 million. Jurassic-1 Jumbo contains 178 units. That is not an accounting to cover the costs of serving the models; AI21 Labs claims to be a service provider of “multiple” third-party cloud providers in the United States and abroad.
”[There’s a lack] Market knowledge is because language model technology is still in its infancy and is being adopted, ”said Goshen. “With the new funding, AI21 Labs will continue its mission to build AI systems capable of understanding and generating natural language.”
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