- Companies will soon focus on customizing AI solutions to meet specific needs, says Cohere CEO.
- AI 2.0 “will help fundamentally transform the way businesses operate,” he wrote.
- Large AI companies like OpenAI are also releasing customization tools.
If this is the year businesses adopted AI to stay competitive, next year will likely be about customizing AI solutions to their specific needs.
“The next phase of development will move beyond generic LLMs toward optimized, optimized end-to-end solutions that meet a company’s specific goals,” said Aidan Gomez, CEO and co-founder of Cohere, an AI company. developing technologies for businesses. wrote in a LinkedIn post last week.
“AI 2.0,” as he calls it, “will accelerate adoption, accelerate value creation and help fundamentally transform the way businesses operate.” He added: “Every company will be an AI company. »
Cohere has partnered with major companies, including software company Oracle and IT company Fujitsu, to develop custom business solutions.
“With Oracle, we built custom technology and scaled our AI models to power dozens (soon to be hundreds) of production AI capabilities in Netsuite and Fusion Apps,” he wrote. For Fujitsu, Cohere built a model called Takane, “specifically designed to excel in Japanese.”
Last June, Cohere partnered with global management consulting firm McKinsey & Company to develop custom generative AI solutions for the company’s clients. This work helps the startup “build trust” among more organizations, Gomez previously told Business Insider.
To meet the specific needs of so many customers, Gomez advocated for smaller, more efficient AI models. He says they are more cost-effective than creating large language models and give small startups a chance to compete with more established AI companies.
But it may only be a matter of time before larger companies also take advantage of the personalization trend.
OpenAI previewed an advancement during its “Shipmas” campaign that allows users to fine-tune o1, their latest and most advanced AI model, on their own datasets. So, users can now leverage OpenAI’s reinforcement learning algorithms to customize their own models.
The technology will be publicly available next year, but OpenAI has already partnered with companies like Thomson Reuters to develop specialized legal tools and with researchers at Lawrence Berkeley National Laboratory to create computer models to identify diseases genetics.
Cohere did not immediately respond to a request for comment from Business Insider.