Table of contents
In an ambitious move to disrupt the AI industry, the AI startup Together has secured a $20 million investment to democratize the creation of AI models. Together aims to open up the often-exclusive world of AI and machine learning development by championing an open-source approach.
Together's platform represents a departure from the traditional, proprietary model of AI development, typically the domain of large tech companies. The startup's vision involves a community-based ecosystem where developers can contribute to and improve open-source generative AI models. This approach empowers small enterprises and independent developers by providing them access to resources that were previously out of reach.
The funding will primarily be utilized to expand Together's team and enhance the development of its open-source platform. The aim is to cultivate an environment that encourages collaboration and innovation, thus actively combating the current trend of AI technology centralization.
Using open-source models in AI could potentially revolutionize how AI is developed and implemented. Innovation could be significantly accelerated by enabling a wider community of developers to contribute.
However, the democratization of AI is not without its challenges. There are valid concerns about security and the potential misuse of powerful AI models. Despite these hurdles, Together maintains that with responsible governance and community moderation, the benefits of democratizing AI far outweigh the potential risks.
In conclusion, Together's recent funding round clearly indicates the growing interest in open-source AI development. The startup's approach could lead to a significant shift in AI creation, making it more accessible and inclusive and fostering faster AI innovation.
Also, read the following: