AI21 Labs Stock

ai21.comEnterprise Software / ProductivityFounded: 2017

AI21 Labs is an AI technology company which offers natural language understanding models to developers, researchers, and businesses. AI21 Labs’ models are designed to help businesses and researchers develop AI applications involving text generation, comprehension, and summarization. The company aims to make AI language tools more accessible and powerful for various industries. This company was founded by Yoav Shoham, Ori Goshen, and Amnon Shashua in 2017 and is headquartered in Tel Aviv, Israel.

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AI21 Labs Stock Price

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AI21 Labs Funding Rounds and Valuation

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Leadership & Board

Leadership

Ori Goshen
Co-Founder & Co-Chief Executive Officer
Yoav Shoham
Co-Founder & Co-Chief Executive Officer
Barak Lenz
Chief Technology Officer
Eran Yacobovitch
Chief Marketing Officer
Amnon Shashua
Co-Founder

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AI21 Labs News and Media Highlights

AI21 Labs’ updated hybrid SSM-Transformer model Jamba gets longest context window yet

OpenAI rival AI21 Labs Ltd. today lifted the lid off of its latest competitor to ChatGPT, unveiling the open-source large language models Jamba 1.5 Mini and Jamba 1.5 Large. The new models are based on an alternative architecture that enables them to ingest much longer sequences of data, so they can better understand context compared to traditional LLMs. AI21 says Jamba 1.5 Mini and 1.5 Large stand out as the fastest and most efficient LLMs in their class sizes, delivering superior performance to open-source alternatives such as Llama 8B and Llama 70B.

AI21 Announces Availability of Jamba-Instruct on Amazon Bedrock

AI21, a leader in building foundation models and AI systems for the enterprise, today announced the availability of Jamba-Instruct, the company's novel blocks-and-layers approach that successfully integrates novel SSM architecture with the conventional Transformer architecture, on Amazon Bedrock, a fully managed service utilized by the world's top companies to build and deploy generative AI applications. Amazon Bedrock clients will now be the first to be able to build with Jamba-Instruct's full 256K context window available on a major cloud provider.

AI21 Labs’ new AI model can handle more context than most

Increasingly, the AI industry is moving toward generative AI models with longer contexts. But models with large context windows tend to be compute-intensive. Or Dagan, product lead at AI startup AI21 Labs, asserts that this doesn’t have to be the case — and his company is releasing a generative model to prove it. Contexts, or context windows, refer to input data (e.g. text) that a model considers before generating output (more text). Models with small context windows tend to forget the content of even very recent conversations, while models with larger contexts avoid this pitfall — and, as an added benefit, better grasp the flow of data they take in.

AI21 Labs Outperforms Generic LLMs With Task-Specific Models

AI21 Labs, established in 2017 by tech visionaries Yoav Shoham, Ori Goshen and Amnon Shashua in Tel Aviv, Israel, has emerged as a leader in the field of generative AI and large language models. Specializing in natural language processing, AI21 Labs develops AI systems adept at understanding and generating human-like text. The company made a significant mark with the launch of Wordtune, an AI-based writing assistant, and further expanded its portfolio with the introduction of AI21 Studio. This platform enables businesses to create custom text-based applications leveraging the company's sophisticated AI models, including the advanced Jurassic-2 model.
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Updated on: Dec 1, 2024

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