EPISODE 230 | 5.2.2024 | 32 MIN

Newsflash: Pierer invests Millions in Hochreiters XLSTM

Pierer invests many millions in Sepp Hochreiter's LLM alternative architecture. Shortly before Christmas, the company NXAI was founded in Linz with Albert Ortig as Managing Director. Its task: to market Hochreiter's XLSTM.

As things stand today: "We have to scale. We first test on small data sets, then on medium-sized sets and finally on the very large sets," explains Hochreiter. The XLSTM technology performs "very well" on the small and medium-sized data sets. You have to beat all models on the market, says Linz. Over 1,000 GPUs around the world are currently computing the development from Upper Austria. The time horizon is ambitious: The tests on the smaller and medium-sized data sets should be completed by the end of March. "The large data sets will then take centre stage in June," explains Albert Ortig, Managing Director of NXAI.

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TAGS
  • #AI
  • #Industrial AI
  • #Industrial AI Podcast
  • #LLM
  • #LSTM
  • #NXAI
  • #Pierer
  • #Sepp Hochreiter
  • #XLSTM
  • #automation
  • #machine learning
Guests of this episode
  • Prof. Dr. Sepp Hochreiter

    Professor, Johannes Kepler Universität Linz

  • Albert Ortig

    CEO, NXAI

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