OctoML is a cutting-edge technology brand that specializes in improving the cost and efficiency of operating large open source foundation models, such as the LLaMA 65B. Their innovative accelerated LLaMA 65B on the OctoAI compute service offers a groundbreaking solution that is nearly 1/5 the cost of running the standard LLaMA 65B on Hugging Face Accelerate. Despite using less hardware, OctoML's accelerated LLaMA 65B is also 37% faster, making it a game-changer in the industry.

OctoML achieves these impressive results through advancements in post-training int4 quantization, which have been influenced by esteemed research institutions like IST Austria and the University of Washington. By reducing the resource requirements and employing parallel execution, OctoML provides a cost-effective yet high-quality solution for running the LLaMA 65B model. OctoML is committed to collaboration and contribution in the field of large language models.

They continuously explore different quantization algorithms and work towards reducing costs and improving efficiency for the benefit of developers and companies. Developers can look forward to accessing OctoML's cost-effective LLaMA 65B on the OctoAI platform, which will be available next week. Be sure to sign up for their virtual launch event to explore the remarkable possibilities that OctoML offers in the world of AI