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San Francisco-based AI company Writer has launched two specialized large language models (LLMs), Palmyra-Med-70b and Palmyra-Fin-70b, tailored for the healthcare and financial services industries. These models are available as open-source offerings on major AI platforms like Nvidia, Baseten, and Hugging Face. Writer claims that these specialized models outperform larger, generalized AI models like GPT-4 in domain-specific tasks.
The healthcare model, Palmyra-Med-70b, achieved an average accuracy of 85.9% across all medical benchmarks in zero-shot attempts, surpassing competitors like Med-PaLM-2. In the financial sector, Writer's Palmyra-Fin-70b model is the first AI model capable of passing the CFA Level III exam, a challenging test in the investment management profession. Writer's open-source strategy aligns with the trend in the AI industry towards transparency and safety in regulated industries.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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