PremAI

🚀 We're proud to announce our $14 million #seedfunding round. This milestone accelerates our mission to redefine generative AI. Investment Details: 📍 Lead Investors: David Maisel of Marvel Studios, Fan Zhang of Sequoia Capital China, and Alan Lipschitz of Incubeta. Their expertise fuels our strategic growth. 📍 Usage: Advancing our AI technology, team expansion, and market strategy. ☘ Thanks to our investors and team for your trust and support. Stay tuned for more updates and discover the details in our blog: https://lnkd.in/di39Q_5n Read our CEO Simone Giacomelli statement in this Business Insider article. https://lnkd.in/d_PhSCDm

We're ready to innovate and grow with Microsoft and the Abu Dhabi Investment Office over the next 12 weeks. Stay tuned for our journey 📌

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📊 As AI advances, #SmallLanguageModels (SLMs) offer a compact, resource-efficient alternative to large models. Perfect for environments with limited computational power, SLMs enable cost-effective, real-time processing and local deployment. Key Highlights: ✅ Efficiency: Lower memory and hardware requirements. ✅ Real-Time Performance: Reduced latency for fast responses. ✅ Cost-Effective: Ideal for budget-sensitive applications. ✅ Task-Specific Optimisation: Outperforms larger models in specialised tasks. Explore how Prem AI is leveraging SLMs like the #Prem1B Series to deliver high-performance, scalable AI solutions.

📊 Optimizing Quality and Quantity in RAG Pipelines In #NLP, balancing document quality and quantity is key for effective Retrieval-Augmented Generation (#RAG) pipelines. Retrieving too many documents can overwhelm the model, while too few can miss crucial context. 📲 PremAI automates this process, ensuring optimal performance with minimal manual intervention. Learn more about enhancing RAG pipeline performance.

Transforming AI with Small but Mighty Models! 🔧 We're thrilled to share that Prem AI has been featured in an article by International Business Times, spotlighting our pioneering role in the Small Language Model (SLM) revolution! 🌐 At Prem AI, we believe that bigger isn’t always better when it comes to AI. Instead of chasing larger models with billions of parameters, we’re focusing on developing targeted, efficient, and customizable SLMs that provide real-world impact for businesses and developers. 💡 Here are a few key highlights: 🔹 Prem-1B: Our flagship model with 1 billion parameters, delivering performance typically associated with larger models – but with far more efficiency and accessibility. 🔹 Customization: Our end-to-end AI platform allows us to fine-tune models for specific industry needs, ensuring businesses can harness AI without the overhead of massive, general-purpose models. 🔹 Innovative Tech: From Retrieval-Augmented Generation (RAG) for better data utilization, to multi-modal integration across text, images, and speech – we’re shaping the future of AI with groundbreaking solutions. 🔹 Open Source: In line with our commitment to democratizing AI, our open-source initiatives, like the release of Prem-1B, are empowering developers and researchers worldwide. This is just the beginning! We’re committed to pushing the boundaries of AI with smaller, smarter, and more accessible models for everyone. Check out the full article here to learn more about how we’re leading the next wave of AI innovation. 🌍🤖: https://lnkd.in/dhZpJy2q #AI #Innovation #SmallLanguageModels #PremAI #TechRevolution #AIForGood #MachineLearning #AICommunity #OpenSourceAI #ArtificialIntelligence

📬 We are excited to release PremSQL, our latest fully open-source package. With PremSQL, you can build local-first text-to-#SQL pipelines using small language models—a game-changer for developers prioritising data privacy. Check out our release blog: https://lnkd.in/dYRuUGsB

🔔 We’re proud to announce that PREM AI will be part of the Agentic AI World Summit & Hackathon by Aiify.io from September 21-24. The event kicks off with a Hackathon on September 21-22 and continues with a two-day Summit on September 23-24. Our Head of Product Joshua Alphonse will be featured as a speaker and Hackathon judge, joining other leading voices in AI to drive innovation and practical solutions. 🔗 Learn more about the Hackathon: https://lu.ma/agenthack 🔗 Learn more about the Summit: https://lu.ma/agent Join us as we explore the future of AI! 🚀

📬 Large Language Models (#LLMs) have transformed industries, but hallucinations—instances where models generate plausible yet incorrect information—remain a critical issue. This poses risks, especially in fields where accuracy is essential. Retrieval-Augmented Generation (#RAG) offers a solution by combining LLMs with real-time data retrieval. 📌 By grounding responses in current, reliable information, RAG reduces hallucinations and improves the accuracy and reliability of #AI systems.

🔍 Synthetic data, created by AI to replicate real-world data patterns, offer a privacy-safe solution for training models. 🔌 Widely used in finance, healthcare, and beyond, they help overcome challenges like data scarcity and bias. Learn more about its benefits and applications in this post!