Archives

SambaNova Accelerates AI for Banking and the Public Sector with a World Record Performance System, New Partnerships, and International Expansion in 2022

SambaNova

SambaNova Systems, the company delivering the industry’s only comprehensive enterprise software, hardware, and solutions platform to run Artificial Intelligence (AI), deep learning, and foundation models, announced several milestones in a breakthrough year. This announcement is significant because SambaNova is largely credited with introducing foundational models and large language models (LLMS) for enterprises wanting to leverage advanced AI capabilities.

“2022 was an amazing year for SambaNova, punctuated by continued growth and innovation. It marked a paradigm shift for AI as foundation models and generative AI took center stage,” said Rodrigo Liang, CEO of SambaNova.

“2022 was an amazing year for SambaNova, punctuated by continued growth and innovation. It marked a paradigm shift for AI as foundation models and generative AI took center stage,” said Rodrigo Liang, CEO of SambaNova. “We’ll look back on 2022 as the year when foundation models fundamentally changed the trajectory of AI.”

2022 HIGHLIGHTS AND MILESTONES

First to market with pre-trained foundation models for the enterprise: With deep roots at Stanford, where foundation models were conceived, SambaNova was first to market in 2022 with pre-trained foundation models for Banking. The company launched Dataflow-as-a-Service GPT Banking, offering a large language foundation model as a subscription service to simplify the process of deployment. Banks are leveraging foundation models with SambaNova solutions to improve efficiency while accelerating their digital transformation. SambaNova was first-to-market with foundation models in October 2021.

Also Read: Diligent Institute Launches Cyber Risk & Strategy Certification for Corporate Directors and Executives

SambaNova delivers its next generation DataScale® system: SambaNova launched its next generation DataScale® system, an integrated hardware-software system that enables organizations to move away from tactical AI deployments to scalable, enterprise-wide solutions. DataScale enables organizations to achieve ROI faster than with any other AI infrastructure. Key enhancements include:

  • world record GPT training performance that is 6x faster to train than DGX A100 systems (GPT 13B)
  • support for the largest models with 12.8x more memory capacity than DGX A100 systems

SambaNova accelerates AI for Science: This year, SambaNova accelerated AI for Science when it delivered DataScale® to the U.S. Department of Energy’s Argonne National Laboratory. DataScale is available to the scientific community at the Argonne Computing Leadership Facility (ALCF) AI Testbed, a collection of the world’s most advanced AI accelerators. The partnership showcases Argonne’s adoption of a multi-rack SambaNova system and joint efforts on implementing challenging foundation models and deep learning workloads. For scientific research organizations, this means new experiments and discoveries with the potential to change the world.

SOURCE: Businesswire