TL;DR:
- StableLM family of language models released by stability AI.
- StableLM competes with OpenAI’s GPT models.
- Stability AI supports open-source innovation, with StableLM released under a non-commercial CC BY-NC-SA license.
- Financial difficulties are faced by stability AI, but CEO has a plan in place to generate steady income while keeping models open-source.
- Partnerships formed to stay afloat, including a deal with AWS.
Main AI News:
The Rise of StableLM: A Game-Changer in the AI Industry
Stability AI has made a big splash in the AI industry with the recent release of its StableLM family of large language models. This alpha version is available in both 3 billion and 7 billion parameter versions, with plans to roll out 15 and 65 billion models in the future.
StableLM is poised to shake up the market, offering strong competition to OpenAI’s GPT suite of models. The company’s commitment to open-source is evident in every aspect of the model, from its datasets to its use of crowd-sourced reinforcement learning with human feedback (RLHF).
However, despite its innovative approach and good intentions, Stability AI is facing financial difficulties. The company has burned through millions in funding while giving back to the open-source community. Can StableLM be the solution to the UK-based start-up’s troubles?
The emergence of StableLM highlights the power of open-source strategies and the growing importance of large language models in the AI industry. With its cutting-edge technology and commitment to open-source, StableLM is poised to make waves in the market and shape the future of AI.
StableLM: Stability AI’s Open-Source Solution
Stability AI has been a strong advocate for open-source, and its CEO, Emad Mostaque, has been vocal about the company’s commitment to being a leading supporter of open-source innovation. With the release of StableLM, stability AI continues to live up to its promises.
StableLM is a testament to the company’s dedication to making AI accessible and transparent. The models have been released under a non-commercial CC BY-NC-SA 4.0 license, allowing for both commercial and research use cases. The datasets used for StableLM come from a set of five open-source conversational agent datasets, including Alpaca, GPT4All, Dolly, ShareGPT, and HH.
Stability AI has also pledged to contribute to LAION’s Open Assistant project, creating an open-source dataset for AI assistants. The company’s past offering, Stable Diffusion, has become a popular choice for the open-source community’s image generation needs and has been forked over 2,400 times. Many members of the open-source community have fine-tuned the model for their own projects, including Scribble Diffusion, Amazing AI, Riffusion, and Unstable Diffusion.
During stability, AI’s contributions to the open-source community have been invaluable, but the company has yet to see a return on its investments. However, with the launch of StableLM, stability AI’s business model may finally see some success. By continuing to offer open-source solutions, stability AI is positioning itself as a leader in the AI industry and a champion for open-source innovation.
Stability AI: Navigating Financial Challenges and Embracing Partnerships
The recent report on stability AI’s finances raises concerns about the company’s financial stability. The majority of the company’s funding came from Emad Mostaque and other investors, including Eros Investments. Last year, the company raised $100 million in seed funding, but according to sources, a significant portion of this has already been burned through.
The cost of developing state-of-the-art AI models is not cheap, as evidenced by the training cost of Stable Diffusion, which was close to $600,000. The CEO’s leadership style has also caused two VCs to reconsider a second funding round that would value the company at $4 billion.
Despite these financial challenges, Mostaque has a plan in place. He intends to keep the models open-source while charging for the service of fine-tuning or training models on proprietary data pools. This approach allows Stability AI to avoid competition and keep its commitment to open-source while also generating a steady inflow of money.
Stability AI has also forged partnerships to stay afloat, such as its deal with AWS. As part of this partnership, stability AI made Stable models available on Amazon Bedrock, a set of foundation models made available to AWS customers. The company has also made AWS its preferred cloud service provider.
Conlcusion:
The release of stability AI’s StableLM family of language models represents a significant development in the AI industry. With its cutting-edge technology and commitment to open-source, StableLM is poised to make waves in the market and offer strong competition to OpenAI’s GPT suite of models. Although stability AI faces financial difficulties, the company has a plan in place to generate income while staying committed to open-source and has formed partnerships to stay afloat.
The emergence of StableLM highlights the growing importance of large language models in the AI industry and the power of open-source strategies. Stability AI is positioning itself as a leader in the AI industry and a champion for open-source innovation, and the market should keep an eye on its progress.
