Open-source AI models can surpass private models like ChatGPT

Open-source AI models like Yi 34B, Falcon 180B, and Mixtral 8x7B are showing comparable performance to established market leaders such as ChatGPT.

ARK Invest's research indicates that these open-source models could potentially surpass centralised AI models like Google's Gemini and OpenAI's ChatGPT-4 by 2024.

Centralised AI models currently dominate the market, but open-source alternatives are rapidly advancing, posing a challenge to their dominance.

Mixtral 8x7B notably outperformed GPT 3.5 in the Massive Multitask Language Understanding benchmark, demonstrating the competitive edge of open-source AIs.

Meta’s LLaMA model exhibited notable improvements in 2023, reflecting the broader trend of significant advancements in open-source AI technologies.