PrismML hopes its tiny LLM will change how we all use AI
If AI lab PrismML isn't on your radar yet, it should be.
PrismML is a startup working to compress large language models so they can run on personal computers and smartphones rather than requiring cloud computing. The company uses a technique that reduces the information each model weight stores from 16 bits down to three possible values, shrinking models to a fraction of their original size while retaining most of their performance. This matters because running advanced AI models locally on devices could make them faster, free to use, and private since data would not need to be sent to the cloud. The startup has demonstrated this with recent model releases that achieve 98 percent of the performance of the original uncompressed versions.
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Also reported by The Verge, SiliconANGLE and MarkTechPost
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Also reported by SiliconANGLE
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