CALTECH RESEARCHERS CLAIM RADICAL COMPRESSION OF HIGH-FIDELITY AI MODELS

Summary from the TLDR AI newsletter

PrismML has developed an extreme form of compression that allows AI to run locally on edge devices. Its 1-bit technology model has a radically compressed size without compromised performance. The same efficiency gains that enable local deployment will also allow data centers to operate more efficiently. The mathematics for the process are proprietary, with Caltech owning the intellectual property and PrismML being the sole exclusive licensee.