AI21 Labs
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AI21 Labs Company Information
AI21 Labs, established in 2017, focuses on creating Foundation Models and AI Systems tailored for enterprise use. The company’s mission is to bridge the gap between cutting-edge research and enterprise-ready AI systems. AI21 Labs began its journey with Wordtune, an AI writing companion now used by over 10 million people globally. The company offers a variety of specialized Task-Specific Models (TSMs) designed to address high-impact use cases efficiently and cost-effectively, with capabilities such as paraphrasing, text improvements, grammatical error corrections, summarization, and text segmentation. AI21 Labs’ Jamba model, a hybrid SSM-Transformer model, is notable for its efficiency, delivering 3X throughput on long contexts and fitting 140K context on a single GPU. Jamba-Instruct, an instruction-tuned version of Jamba, is available in public preview. The company’s RAG Engine provides Retrieval-Augmented Generation alongside its Task-Specific and Foundation Models. AI21 Labs’ models are accessible on platforms like NVIDIA’s API Catalog, Google Cloud Marketplace, and Amazon’s Bedrock. The company recently completed a $208 million oversubscribed Series C funding round. AI21 Labs’ Summarize API has been evaluated to outperform OpenAI’s models in human assessments, and its Jurassic-2 models are highly ranked for accuracy and reliability by Stanford’s HELM. The company offers flexible deployment options, including SaaS, APIs on the AI21 Platform, Cloud, Private, VPC, or On-Prem. AI21 Labs’ Contextual Answers API provides answers based entirely on the provided context of documents, ensuring precise and relevant responses.