All of you have been effortlessly processing and understanding complex documents for a long time using open-source AI platforms, thanks to the AI technologies that exist. H2O.ai, one of the providers of the open source AI platforms, has just launched two game-changing vision language models called the H2OVL Mississippi-2B and H20VL Mississippi-0.8B. These tools will make document analysis and optical character recognition (OCR) easier for you.
Do you think it is similar to all the existing AIs? What sets them apart from the rest of the AI is that they outperform larger models from the industry giants, which offers a more efficient solution for businesses that are drowning in paperwork. This AI could be a huge helping hand as it has enhanced accuracy, efficiency, and productivity which is improved.
AI has always been a useful tool when it comes to any industry. The invention of AI is said to be one of the milestones not just in tech history but in history itself. As there are both advantages and disadvantages of AI that have been recently found, this new AI model from H2O.ai without a doubt stands on the advantage side.
When it comes to the companies and businesses that are drowned in paperwork, a solution that could save them so much time is to adopt the automated workflow using this new AI, making it way easier to deal with, reducing manual errors, and increasing business agility.
The new H2O AI model, which is completely new and small to the industry, is outsmarting many of the giants in tech with their new launch, the H2OVL Mississippi-0.8B, which has an 800 million parameter powerhouse that can top the OCRBench Text Recognition task. The H20VL Mississippi-2B has a 2 billion parameter powerhouse that can demonstrate extraordinary performance across vision language benchmarks.
Sri Ambati, CEO and founder of H2O.ai says that their goal is to make AI accessible for everyone, and they have designed the H2OVL Mississippi models in such a way that they have high performance, which is a cost-effective solution for businesses with a lot of paperwork and heavy workflow.
The H2OVL Mississippi models from H2O will be delivering precise and scalable document AI solutions across various industries like finance, healthcare, government, and education by combining advanced multimodal AI with efficiency.
H2O.ai is making these models freely available on Hugging Face, which is a famous platform containing the sharing of machine learning models. By sharing the model in Hugging Face, H2O.ai is letting businesses and developers use and modify the model according to their AI documentation needs.
H2O.ai has funding of $256 million from industry giants like Commonwealth Bank, Wells Fargo, Nvidia, and Goldman Sachs. By their open source approach and focus on practical situations, the company has not just attracted investors but also a community with 20,000+ organizations and over half of Fortune 500 companies as customers.
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