BUSINESS

Technology Innovation Institute's Falcon 40b Is Now Royalty-free

06/06/2023 03:49 PM

KUALA LUMPUR, June 6 (Bernama) -- The Technology Innovation Institute’s (TII) Falcon 40B, the United Arab Emirates’ (UAE) leading large-scale open-source artificial intelligence (AI) model, is now free of royalties for commercial and research use, in response to global demand for inclusive access to AI.

According to TII in a statement, ranked first globally on Hugging Face’s leaderboard for large language models (LLMs), Falcon 40B outperforms competitors like Meta’s LLaMA and Stability AI’s StableLM.

“Waiving Falcon 40B royalties promotes inclusive tech advancements for a cohesive society. We are committed to using technology to unify humanity and future-proof our world,” said TII Director, AI Cross-Center Unit, Dr Ebtesam Almazrouei.

Under the permissive Apache 2.0 software licence, Falcon 40B end-users have access to any patent covered by the software in question, in which Apache 2.0 ensures the security and availability of safe and powerful open-source software and establishes an effective governance model.

TII’s unrestricted access to Falcon 40B highlights its dedication to technological innovation and knowledge-sharing, fostering a collaborative ecosystem and strengthening the UAE’s position as a global AI leader.

In addition, it reflects the UAE’s commitment to pushing the boundaries in shaping a future where AI plays a pivotal role in driving positive change.

Open-source, royalty-free deployment of Falcon 40B could empower public and private sector entities with efficiencies such as faster project starts, faster iterations, more flexible software development processes, as well as robust community-driven support.

TII aims to cultivate a thriving ecosystem of collaboration, innovation and knowledge sharing among developers, researchers and businesses globally.

-- BERNAMA


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