TII’S AI MODEL REWARDS MOST CREATIVE USE CASES IN CALL FOR PROPOSALS

KUALA LUMPUR, June 8 (Bernama) -- Technology Innovation Institute (TII) announced that Falcon 40B is registering an overwhelming response to a Call for Proposals from scientists, researchers and SME entrepreneurs keen to deploy the model for innovative use cases.

Falcon 40B is the world’s top-ranked open-source artificial intelligence (AI) model on the Hugging Face leaderboard for large language models (LLMs).

According to a statement, the response follows back-to-back announcements from the AI model’s creator, offering the most exceptional project ideas access to training compute power as a form of investment.

Secretary General of TII’s parent entity, the Advanced Technology Research Council (ATRC), Faisal Al Bannai said: “We strongly encourage scientists, researchers and aspiring entrepreneurs with bold ideas to submit their proposals for Falcon 40B deployment.

“We are excited to invest in the most impactful proposals with compute power through VentureOne, ATRC’s commercialisation arm, and to potentially partner with the most promising developers.”

By being able to experiment with the capabilities of Falcon 40B, the best open-source LLM globally, developers can venture into uncharted territories, driving innovation and expanding the possibilities of AI solutions, at speed.

Submissions are being welcomed from all over the world, and across all industries and sectors to find the very best application concepts. Examples of industries include biotech, engineering, enterprise solutions, customer services, finance and healthcare.

In healthcare, for instance, LLM applications could help doctors by analysing medical literature, patient records and research findings to provide evidence-based recommendations.

Interested users should submit a proposal outlining their research objectives, methodology, expected outcomes and the potential impact of their project, in which it should highlight how Falcon 40B will be utilised and the specific domain it targets.

-- BERNAMA