8 business applications from a private LLM

The opportunity for creating tailored AI experience based exclusively on your data and content are yet to be fully realized. We’re going to hear more about Intelligent agents (or AI agents) that act intelligently; they observe surroundings, act independently to accomplish objectives, and could enhance their performance through learning or knowledge acquisition. These will be largely driven by centralized AI providers. But imagine AI agents that just run internally within your operation.

The result is there’s going to be a new wave of AI driven services for business, delivering more efficient data and content driven services that provide fast and contextually relevant results.In one example, a LLM was used to label datasets with extraordinary speed, accuracy, relevance, and completeness. It was able to label datasets at an equal or higher quality than a skilled human annotator. However the big distinction here is that it did it at 20x the speed of a human. Additionally the resulting cost was 7x lower than its highly capable human counterpart. This one example demonstrates how LLMs can solve problems at a speed we never thought possible, and with a high degree of precision.