TL;DR: Main AI News: In today’s dynamic business landscape, the realm of natural language processing (NLP) continually demands advancements in handling extensive textual contexts. Recent strides in this domain, elucidated by Lewis et al. (2021), Izacard et al. (2022), and Ram et al. (2023), have markedly propelled language models, notably through the evolution of text embeddings. These embeddings, as the backbone of myriad applications such as retrieval-augmented generation for large language models (LLMs) and semantic search, play a pivotal role … Continue reading Nomic AI Introduces Revolutionary Fully Open-Source Long Context Text Embedding Model Excelling OpenAI Ada-002 Performance across Diverse Benchmarks