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2024-10-29 11:08:05
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Moondream Raises $4.5 Million to Launch a 1.6 Billion Parameter Efficient AI Model with 5K GitHub Stars
AI startup Moondream has officially announced the completion of $4.5 million in seed funding and presents a disruptive viewpoint: in the world of AI models, smaller models may hold advantages. The company is backed by Felicis Ventures, Microsoft's M12 GitHub Fund, and Ascend, launching a visual language model with only 1.6 billion parameters that can compete with models four times its size in terms of performance.