All Updates

All Updates

icon
Filter
Product updates
Apple releases series of small language models 'OpenELM' for on-device use
Foundation Models
Apr 24, 2024
This week:
M&A
N-able acquires Adlumin for USD 266 million to strengthen cybersecurity offerings
Next-gen Cybersecurity
Today
M&A
Bitsight acquires Cybersixgill for USD 115 million to enhance threat intelligence capabilities
Cyber Insurance
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Today
Product updates
Microsoft launches Copilot Actions for workplace automation
Foundation Models
Yesterday
M&A
Almanac acquires Gro Intelligence's IP assets for undisclosed sum
Smart Farming
Yesterday
Partnerships
Aduro Clean Technologies partners with Zeton to build hydrochemolytic pilot plant
Waste Recovery & Management Tech
Yesterday
Funding
Oishii raises USD 16 million in Series B funding from Resilience Reserve
Vertical Farming
Yesterday
Management news
GrowUp Farms appoints Mike Hedges as CEO
Vertical Farming
Yesterday
M&A
Rise Up acquires Yunoo and expands LMS monetization capabilities
EdTech: Corporate Learning
Yesterday
Foundation Models

Foundation Models

Apr 24, 2024

Apple releases series of small language models 'OpenELM' for on-device use

Product updates

  • Apple has released OpenELM, a series of open-source small language models, for device usage. The models are specifically designed for text-related tasks such as writing emails.

  • OpenELM consists of a 270 million parameter model, a 450 million parameter model, a 1.1 billion parameter model, and a 3 billion parameter model. Pre-trained and instruction-tuned models are available for each parameter, offering eight types of models in total.

  • Apple claims that the models are cost-effective and are optimized to function effectively on devices such as smartphones and laptops. 

  • Analyst QuickTake : While this may indicate plans to incorporate GenAI models into its smartphones, the company is reportedly in talks with Google and Baidu to incorporate their models into the iPhone. Last month, Apple launched MM1, a multimodal language learning mode , and introduced ReALM (Reference Resolution as Language Modeling), a new AI system to improve voice assistants' interpretation and response to user commands this month.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.