Almawave Joins Forces with Cineca to Develop Velvet, a Multimodal AI Model

Almawave, an Italian Data & Artificial Intelligence company, has embarked on an exciting venture with Cineca – the Italian inter-university consortium renowned for its advanced scientific computing systems. The collaboration aims to develop ‘Velvet,’ a groundbreaking, multilingual, and open-source AI model specifically geared towards the Italian language and content, while also incorporating other major European languages and select international idioms such as Brazilian Portuguese and Swahili.

This AI model, named Velvet, strives to be foundational in nature, setting the groundwork for subsequent language models and aligning with legislative frameworks including the AI Act, Data Act, and Privacy regulations. Velvet’s primary objective is to facilitate the creation of a Large Language Model (LLM) foundational to the development of other models and in compliance with regulations.

The development will leverage Cineca’s supercomputing infrastructure, which houses one of the most sophisticated high-performance scientific computing systems globally. Utilizing these resources, the project will focus on accommodating multimodal interactions, including text, audio, and video, ensuring its versatility across various industries and contexts.

In the words of Valeria Sandei, CEO of Almawave, the company beams with pride in partnering with an international innovator like Cineca. This collaboration is expected to yield highly strategic AI technologies capable of benefiting numerous sectors like public administration, transportation, healthcare, tourism, green transition, and finance. With hundreds of AI projects under its belt employing their proprietary technology, Almawave sees this endeavor as a vital step in its ongoing evolution.

By the end of 2024, the first release of Velvet is expected to be publicly available on open-source software sharing platforms. This builds on Almawave’s established track record, with a strong presence in the Italian IT group Almaviva, and it represents a further stride in Almawave’s commitment to technological innovation and asserting Italian AI expertise on the European stage.

Key Questions and Answers:

Q: What is the Velvet AI model?
A: Velvet is a groundbreaking, multilingual, open-source AI model that focuses on the Italian language but includes other major European languages and select international idioms. Its goal is to offer a foundation for subsequent language models and ensure alignment with various legislative frameworks.

Q: Why is this collaboration between Almawave and Cineca significant?
A: The collaboration is significant because it combines Almawave’s expertise in AI and linguistic technologies with Cineca’s advanced supercomputing infrastructure. This synergy has the potential to create powerful strategic AI technologies beneficial across multiple sectors.

Key Challenges or Controversies:
Developing a multilingual and multimodal AI model like Velvet is technologically challenging as it requires substantial computational power, sophisticated algorithms, and massive datasets to be accurate and reliable. Another challenge is ensuring that Velvet adheres to various privacy and regulatory standards such as the AI Act and Data Act.

Controversies related to AI models typically revolve around ethical concerns, such as data privacy, bias in AI, and the impact on employment. As Velvet is designed to comply with privacy regulations, it might mitigate some of these issues, but ethical questions are always evolving alongside AI developments.

Advantages and Disadvantages:

Advantages:
– Velvet’s multilingual capabilities could significantly enhance communication and accessibility for people who speak Italian and other included languages.
– Being open-source ensures transparency and the opportunity for continuous improvement by the global community.
– Multimodal interaction potential strengthens the AI’s applicability in various fields, such as healthcare, public administration, and others.

Disadvantages:
– Handling multiple languages and modalities increases complexity and the potential for errors or unintended biases within the model.
– Open-source projects often rely on community support for improvements, which may result in slower development or inconsistency in updates if community engagement fluctuates.
– While aiming for regulatory compliance is beneficial, it may inhibit some avenues of research due to strict data usage constraints.

Related to the topic, you might find more information on the collaborating organizations through their main website links:
Almawave
Cineca

Please note that by the knowledge cutoff date in March 2023, these URLs were valid. However, web addresses can change over time, or the organizations may update their domain structure.

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