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OverviewAPI
Chinese AI startup 01.AI, founded by Kai-Fu Lee, has released a 34-billion parameter large language model (LLM) called Yi-34B, which outperforms larger Llama 2 and Falcon models. The company plans to launch a commercial offering to compete with OpenAI. Other AI startups, including Baidu, Naver, and Reliance Industries, are also focusing on specific languages and markets with LLMs.

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