MosaicML CEO Naveen Rao is set to share his insights on how businesses can leverage generative AI and large language models (LLMs) without compromising control of their data or spending exorbitant amounts of money. Rao’s expertise will be showcased at the upcoming VB Transform event in San Francisco on July 12, 2023.
MosaicML is renowned for its cutting-edge MPT LLMs, which are both open-source and commercially licensed. The company has demonstrated the effectiveness of its models with over 3.3 million downloads of MPT-7B and the recent release of MPT-30B. These models enable organizations to swiftly and cost-effectively build and train their own state-of-the-art generative AI models using their own data.
Notably, MosaicML was acquired by Databricks, a prominent data and AI analytics provider, for a staggering $1.3 billion in June 2023. According to Rao, this strategic acquisition will allow MosaicML to accelerate its mission of democratizing generative AI and establish Databricks’ lakehouse as the optimal environment for building generative AI and LLMs.
In a recent interview with VentureBeat, Rao criticized the practice of fine-tuning as a means of customizing LLMs. Instead, he advocates for training models from scratch with the right combination of data. He also suggested that open source models will eventually surpass closed models, drawing a comparison to Linux’s dominance over Solaris.
Rao emphasized the importance of tailoring the approach to the specific use case, noting that while using a vector DB or a prompt may be effective in some situations, it may not be suitable for others. He advised leveraging a prompt with a vector DB to modify the behavior of large language models, while also respecting privacy considerations.
For business leaders keen to learn more about generative AI and its applications, Naveen Rao’s session at VB Transform on July 12, 2023, is a must-attend event. By registering, participants can join the transformative journey of generative AI and gain valuable insights into its potential.
As the generative AI revolution unfolds, MosaicML CEO Naveen Rao aims to empower organizations to leverage these technologies while maintaining control of their data and minimizing costs. With MosaicML’s expertise in developing open-source LLMs and now being part of Databricks, Rao is well-positioned to guide enterprises on their generative AI journey.
