PYMNTS.com September 30, 2024
Open-source artificial intelligence (AI) models are rapidly closing the gap with proprietary systems, a shift that could dramatically reshape the business landscape by giving companies of all sizes access to powerful, affordable AI tools.
The AI industry is experiencing a transformation as open-source models narrow the gap with proprietary systems. The Allen Institute for Artificial Intelligence (AI2) recently announced its new Molmo family of multimodal models, marking another step in this trend.
Molmo reportedly represents AI2’s most advanced effort in creating open-source AI models. The multimodal system can process and generate different data types, including text and images, making it applicable across various industries and use cases. However, the path to competitive open-source AI models faces substantial hurdles.
“It’s important...
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