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23. December 2024
The Technology Innovation Institute (TII), backed by the government, has unveiled Falcon 3, a family of open-source small language models designed to empower developers, researchers, and businesses with advanced AI capabilities. Launched with the aim of democratizing access to sophisticated AI technologies, these models boast four model sizes – 1B, 3B, 7B, and 10B – each featuring base and instruct variants.
Falcon 3’s decoder-only architecture with grouped query attention enables faster operations by sharing parameters and minimizing memory usage for key-value cache during inference. The models support four primary languages – English, French, Spanish, and Portuguese – and come equipped with a 32K context window, allowing them to process long inputs such as heavily worded documents.
The development of Falcon 3 coincides with a growing demand for small language models (SLMs), which have gained popularity due to their efficiency, affordability, and ability to be deployed on devices with limited resources. These models are particularly suitable for applications across various industries, such as customer service, healthcare, mobile apps, and IoT, where traditional large-scale language models might be computationally expensive.
The latest benchmarks on Hugging Face show that the Falcon 3 models are particularly impressive, with the 10B and 7B versions outperforming competitors, including Google’s Gemma 2-9B, Meta’s Llama 3.1-8B, Mistral-7B, and Yi 1.5-9B. These models even surpass Alibaba’s category leader Qwen 2.5-7B in most benchmarks, demonstrating their potential to revolutionize the field of AI.
With the Falcon 3 models now available on Hugging Face, TII aims to empower a broad range of users by providing cost-effective AI deployments without computational bottlenecks. These models can power various applications at the edge and in privacy-sensitive environments, including customer service chatbots, personalized recommender systems, data analysis, fraud detection, healthcare diagnostics, supply chain optimization, and education.
TII plans to expand the Falcon family further with multimodal capabilities, expected to launch in January 2025. The institute has also made available a permissive Apache 2.0-based license with an acceptable use policy, encouraging responsible AI development and deployment. A testing environment, the Falcon Playground, is also available for researchers and developers to try out Falcon 3 models before integrating them into their applications.
The market for small language models is expected to experience a significant growth, with a compound annual growth rate (CAGR) of nearly 18% over the next five years. As Falcon 3 continues to make waves in the industry, it’s clear that this UAE-backed AI model is poised to be at the forefront of the open-source revolution.
The launch of Falcon 3 marks an exciting new chapter for the field of AI, with its cutting-edge technology and commitment to accessibility set to empower a broad range of users. With its versatility, efficiency, and affordability, this open-source AI model is poised to make a significant impact on industries across the globe, driving innovation and growth in the years to come.