Cost

DeepSeek releases open source ‘R1’, a fine-tuned version of ‘V3’… “Same performance as o1, 90% cheaper cost”

DeepSeek, which has been evaluated because the world's best open source model with its 'V3' model, has now released the 'R1' series, an inference model that competes with OpenAI's 'o1' model, as open source. DeepSeek...

DeepSeek-V3: How a Chinese AI Startup Outpaces Tech Giants in Cost and Performance

Generative AI is evolving rapidly, transforming industries and creating recent opportunities every day. This wave of innovation has fueled intense competition amongst tech firms attempting to change into leaders in the sector. US-based firms...

How DeepSeek Cracked the Cost Barrier with $5.6M

Conventional AI wisdom suggests that constructing large language models (LLMs) requires deep pockets – typically billions in investment. But DeepSeek, a Chinese AI startup, just shattered that paradigm with their latest achievement: developing a...

CFOs Should Embrace Gen AI’s Potential and Encourage Innovation, Not Obsess Over Its Cost or Likely Scale of Impact

The breathless publicity surrounding Gen-AI often makes it difficult for CFOs to avoid the traditional approach of obsessing concerning the costs of Gen-AI adoption or its likely scale of impact within the near-term. Nonetheless,...

Measuring the Cost of Production Issues on Development Teams

Deprioritizing quality sacrifices each software stability and velocity, resulting in costly issues. Investing in quality boosts speed and outcomes.Continuing our example, our hypothetical organization would find that the actual impact of their improvements is...

The High Cost of Dirty Data in AI Development

It’s no secret that there's a modern-day gold rush occurring in AI development. In response to the 2024 Work Trend Index by Microsoft and Linkedin, over 40% of business leaders anticipate completely redesigning their...

Cerebras Introduces World’s Fastest AI Inference Solution: 20x Speed at a Fraction of the Cost

Cerebras Systems, a pioneer in high-performance AI compute, has introduced a groundbreaking solution that is ready to revolutionize AI inference. On August 27, 2024, the corporate announced the launch of Cerebras Inference, the fastest...

AES Cuts Solar Installation Time and Cost in Half with AI Robots

https://www.youtube.com/watch?v=QBA1qsWVT3A Maximo promotional video (Video = AES YouTube) Applied Energy Services (AES), an American energy company, has unveiled a man-made intelligence (AI)-based robot that it says will cut the time and value of putting in...

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