The Technology Innovation Institute (TII) in Abu Dhabi has launched the Falcon Foundation, a non-profit dedicated to advancing open-source generative AI models. TII is committing $300 million to fund open-source AI projects, beginning with its Falcon AI models. The foundation aims to foster collaboration among stakeholders, developers, academia, and industry to promote transparent governance and knowledge exchange in AI. Why it matters: This initiative signals the UAE's commitment to leading in AI development through open-source innovation and collaboration, potentially accelerating AI adoption and customization across various sectors.
KAUST Seed Fund announced the four winning teams from its 2013 Fall Round, including Falcon Viz (3D aerial scanning), Nano Assembly (quantum dot production), ROFix (desalination plant performance), and u. The Seed Fund has funded 21 projects in its first six rounds, creating three companies and 15 jobs. Barig Siraj noted KAUST's leadership in commercializing ideas in Saudi Arabia. Why it matters: The KAUST Seed Fund plays a vital role in fostering entrepreneurship and technological innovation within Saudi Arabia, addressing critical needs in areas like desalination and infrastructure.
Abu Dhabi's Technology Innovation Institute (TII) is offering training compute power to scientists, researchers, and SME entrepreneurs with innovative use cases for Falcon 40B, its open-source LLM. TII is welcoming submissions globally across industries like biotech, engineering, finance, and healthcare. A dedicated AI Cross-Center Unit (AICCU) of over 40 AI scientists will assess proposals based on research objectives, methodology, and potential impact. Why it matters: This initiative can foster innovation in AI applications across various sectors by providing access to cutting-edge LLMs and substantial compute resources.
FalconViz, a KAUST-based startup co-founded by alumnus Luca Passone, specializes in 3D surveying and mapping using unmanned aerial systems. Established in 2015, the company offers services such as topographical surveys, mining assessments, and flood modeling to clients in Saudi Arabia and beyond. KAUST provided FalconViz with early funding, training, and ongoing support. Why it matters: The success of FalconViz highlights KAUST's role in fostering technological innovation and entrepreneurship in Saudi Arabia, contributing to the Kingdom's growing technology sector.
The Technology Innovation Institute (TII) in the UAE has made its Falcon 40B large language model royalty-free for commercial and research use. Falcon 40B is ranked #1 on Hugging Face's leaderboard for LLMs, outperforming models like LLaMA. The model is now available under the Apache 2.0 license, promoting open access and collaboration in AI. Why it matters: This decision could accelerate AI innovation in the region by providing easier access to a state-of-the-art LLM for both public and private sector applications.
The Technology Innovation Institute (TII) in Abu Dhabi has launched Falcon LLM, a 40 billion parameter large language model (LLM). Developed by the AI and Digital Science Research Center (AIDRC), Falcon LLM outperforms GPT-3 while using less training compute. The model was trained on one trillion tokens and will impact fields like education and healthcare. Why it matters: This release establishes the UAE as a major player in generative AI and supports the nation's AI strategy.
Technology Innovation Institute (TII) in the UAE has launched Falcon 180B, an open access large language model with 180 billion parameters trained on 3.5 trillion tokens. Falcon 180B ranks first on the Hugging Face Leaderboard for pretrained LLMs, outperforming Meta's LLaMA 2 and nearing the performance of OpenAI's GPT-4 and Google's PaLM 2. The model is available for research and commercial use under the 'Falcon 180B TII License', based upon Apache 2.0. Why it matters: This release strengthens the UAE's position in AI development and promotes open access to advanced AI technology, fostering innovation and collaboration.
The Technology Innovation Institute (TII) in Abu Dhabi has launched Falcon 3, a new series of open-source large language models. Falcon 3 models range in size from 1B to 10B parameters and have been trained on 14 trillion tokens. Falcon 3 achieved the top spot on Hugging Face's LLM leaderboard for models under 13 billion parameters. Why it matters: This release democratizes access to high-performance AI by enabling efficient operation on laptops and light infrastructure, solidifying the UAE's position as a leader in open-source AI development.