Small Language Model
News & Insights
Malted AI
Malted AI is a Scottish startup that specializes in creating custom Small Language Models (SLMs) tailored to solve complex, domain-specific problems where general AI solutions may fall short. Here are the key aspects of what Malted AI does:
Core Offerings
Custom AI Solutions: Malted AI enables enterprises to implement bespoke AI solutions that leverage domain expertise combined with advanced knowledge distillation technology. This allows for the creation of SLMs that achieve high accuracy and cost savings ranging from 10 to 100 times compared to traditional models.
Distillation Technology: The company focuses on distilling outputs from larger language models into smaller, more efficient models. This process enhances performance for specific tasks while reducing operational costs.
Domain-Specific Applications: Malted AI's SLMs are designed to address particular challenges in industries such as finance and legal services, ensuring that the models are optimized for the unique needs of these sectors.
Automatic Distillation Platform: They are building a platform aimed at automating the distillation process, which will further streamline the development of specialized AI models for various enterprise applications.
Pilot Programs: The company is currently running pilot programs with several global clients, showcasing the effectiveness of their technology in real-world applications.
Founded in 2023 by Iain Mackie, Carlos Gemmell, and Federico Rossetto, Malted AI emerged from their experiences in applying large language models to complex information problems, including their success in the Amazon Alexa Challenge. The company aims to establish itself as a leader in providing efficient and focused AI solutions for enterprises.