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Updated production-ready Gemini models, reduced 1.5 Pro pricing, increased rate limits, and more

Today, we’re releasing two updated production-ready Gemini models: Gemini-1.5-Pro-002 and Gemini-1.5-Flash-002 along with: >50% reduced price on 1.5 Pro (both input and output for prompts <128K) 2x higher rate limits on 1.5 Flash and ~3x higher on 1.5 Pro 2x faster output and 3x lower latency Updated default filter settings These new models build on…

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Be Part of the AI Revolution at the Chatbot Conference Tomorrow! | by Cassandra C. | Sep, 2024

Tomorrow, September 24, 2024, San Francisco will host one of the biggest global AI events of the year: the Chatbot Conference! Whether you’re passionate about artificial intelligence, curious about chatbots, or simply eager to connect with industry leaders, this conference is for you. This is more than just a conference; it’s your opportunity to explore…

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Is Scaling the Only Path to AI Supremacy? This AI Paper Unveils ‘Phantom of Latent for Large Language and Vision Models

Large language and vision models (LLVMs) face a critical challenge in balancing performance improvements with computational efficiency. As models grow in size, reaching up to 80B parameters, they deliver impressive results but require massive hardware resources for training and inference. This issue becomes even more pressing for real-time applications, such as augmented reality (AR), where…

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How to automate insurance underwriting

Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. 🧐 According to a McKinsey report, manual underwriting processes can increase operational costs by up to 40% and extend the underwriting cycle time by several days to weeks!Scaling traditional underwriting operations becomes…

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