MARKET OPPORTUNITY
Artificial Intelligence Market and API sector growth
Popular Large Language Models (LLMs), such as ChatGPT, are based on transformer technology, the advancements in which have led to leaps within the Artificial Intelligence industry. Companies such as Amazon and Google are prioritizing capital to acquire leadership in the AI marketplace. North America alone spent nearly 140B USD on AI in 2022.
Market demands gravitate towards Generative AIs that have Artificial General Intelligence (AGI) capabilities within their models allowing the Artifi cial Intelligence to be adaptable. This demand is proven by the quest to secure billions of dollars worth in hardware infrastructure by large AI companies.
Competitors
Microsoft (investor)
Product Name
ChatGPT (openAI)
Capital Invested
14B+
Amazon
Product Name
Anthropic
Capital Invested
9B+
Elon Musk
Product Name
Grok
Capital Invested
200M+
Meta
Product Name
Llama2
Capital Invested
20M+
Product Name
Gemini
Capital Invested
Unknown
Competitors and the NomadAI Advantage
Current industry Generative AI find it difficult to operate efficiently, as well as adapt quickly to new situations. They lack the capacity of creativity within the models when dealing with new events and data. Skyleap’s NomadAI sets out to overcome such challenges by following a fundamentally different approach, which is based on the studies of how signals propagate in the brain. The design closely resembles synaptic transmission, which is especially helpful for recognizing patterns, inference, abstract planning, remembering significant events and preserving them in memory.
The new architecture gives Skyleap the foundational technology for the following abilities:
- Capacity for the AI to make conclusions based on new evidence and reasoning with minimal human intervention
- Reduction of electrical power consumption experienced by Language Models. At an annual rate, the AI industry loses tens of millions of dollars worth in computing power to run Generative AI and deep learning infrastructures. Skyleap helps LLMs and Generative AIs alleviate that loss by supplying them with a new architecture
- Compact hardware containing AI on its device that does not require cloud, internet, or satellite connectivity; a game changing technology made possible with neuromorphic computing which allows vast storage within its membrane.
