In a major announcement, AI startup that has secured $5 million in funding from Speaker Nancy Pelosi unveils new open-source model that is claimed to surpass Meta's Llama 2 and Elon Musk's Grok in performance.

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In a major announcement, AI startup that has secured $5 million in funding from Speaker Nancy Pelosi unveils new open-source model that is claimed to surpass Meta's Llama 2 and Elon Musk's Grok in performance. - Benzinga

Quick Summary:

Private AI startup Databricks released a new large language model (LLM) on Wednesday that is said to outperform Meta Platforms Inc.'s Llama 2 and Elon Musk's Grok.Rep. Nancy Pelosi (D-Calif.) recently disclosed that she and her husband, Paul Pelosi, invested $5 million in Databricks.

Databricks says that its DBRX model beats other open-source models like Meta's Llama 2, xAI's Grok-1, and Mistral's Mixtral.

What Happened: "DBRX" is the first general-purpose LLM from Databricks and the company claims that its structure helps it remain fast and customizable.