Large Language Models (LLMs), such as OpenAI’s GPT-4 and GPT-3.5, offer robust conversational abilities and can integrate with external interfaces. These AI technologies hold potential for task automation and support in various business applications. However, the challenge lies in striking a balance between performance and cost. While GPT-4 offers high quality, it struggles with issues of latency and cost; conversely, GPT-3.5 is affordable and fast but compromises on accuracy. Current market players, including OSS models and companies like Fireworks, Anyscale, and Together AI, have not been able to fully satisfy the need for a model that excel in complex interactions and parallel processing capabilities, while remaining cost-effective.
Empower, a start-up funded by Y Combinator, provides a new solution. It has developed a serverless LLM hosting platform which offers GPT-4 level performance but prioritizes speed and affordability. Its model, known as Empower-Functions, claims to be three times faster than its competitors and reduces expenses by a factor of ten. The platform is designed with practical use cases in mind, unlike many generic models. Users have the option to test the model through a live demo before deciding to commitment. In addition, a user-friendly API is provided to ensure easy integration of the model into existing applications.
The platform provides developer-friendly tools and includes a fast start guide for ease of use. It eliminates main barriers hampering the LLM adoption through its distinctive approach.
To economize on the maintenance overhead for LLM systems, Empower’s platform allows a serverless deployment where users pay only for the resources used. This makes it a cost-effective substitute for businesses. Moreover, it does not require high technical expertise from users as it comes with pre-built, task-centric foundation models. This can enable developers across skill levels to leverage AI’s potential without the complexity involved in building and training models.
Users have greater control over their models on Empower’s platform. By allowing them to launch their own models, the platform promotes ownership. It also ensures customization of models to suit unique needs.
With Empower’s offerings, AI development becomes accessible and affordable. This potentially allows more businesses and developers to harness the power of AI, opening up new avenues for innovation and progress. Thus, the start-up represents a valuable addition to the AI research market, bringing GPT-4 level capability with significantly lower cost and higher speeds.
