Nvidia’s latest AI offering could spark a custom model gold rush

11 months ago 133

July 24, 2024 3:27 PM

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Nvidia quietly unveiled its new AI Foundry service on Tuesday, aiming to help businesses create and deploy custom large language models tailored to their specific needs. The move signals Nvidia’s push to capture a larger share of the booming enterprise AI market.

The AI Foundry combines Nvidia’s hardware, software tools, and expertise to enable companies to develop customized versions of popular open-source models like Meta’s recently released Llama 3.1. This service arrives as businesses increasingly seek to harness the power of generative AI while maintaining control over their data and applications.

“This is really the moment we’ve been waiting for,” said Kari Briski, Nvidia’s VP of AI Software, in a call with VentureBeat. “Enterprises scrambled to learn about generative AI. But something else happened that was probably equally important: the availability of open models.”

Customization drives accuracy: How Nvidia’s AI Foundry boosts model performance

Nvidia’s new offering aims to simplify the complex process of adapting these open models for specific business use cases. The company claims significant improvements in model performance through customization. “We’ve seen almost a ten point increase in accuracy by simply customizing models,” Briski explained.

The

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