Prem AI, also known as Prem Labs, is an innovative company focused on empowering users to create and manage their own generative AI models. Here are the key aspects of what they do:

Core Offerings

Generative AI Model Development: Prem AI provides a platform that allows clients to train and fine-tune state-of-the-art generative AI models using their own data. This capability is designed to enhance personalization and performance while ensuring that users maintain full control over their intellectual property and data privacy.

On-Premise Solutions: The company emphasizes on-premise deployment of AI models, which allows organizations to run AI applications within their own infrastructure. This approach enhances security and compliance, making it particularly valuable for regulated industries.

Customization and Flexibility: Users can customize AI models according to their specific needs, enabling fine-tuning of parameters and input-output formats. This flexibility is aimed at various sectors, including finance, gaming, and compliance.

Vision and Mission

Prem AI envisions a future where individuals and organizations have access to powerful, private, and personalized AI technologies. Their mission focuses on advancing "Sovereign AI," which emphasizes data ownership and privacy for users.

Recent Developments

The company recently secured $14 million in seed funding, which will support its initiatives in democratizing AI model creation. This funding round was backed by notable figures in the entertainment industry, illustrating the potential for generative AI to transform various sectors beyond technology.

In summary, Prem AI is dedicated to making advanced AI capabilities accessible while ensuring users retain full control over their data and models, positioning itself as a leader in the evolving landscape of artificial intelligence.

Products of Prem Labs

• Prem App: A free and open-source alternative to ChatGPT, enabling users to access generative AI functionalities without vendor lock-in.

• Prem Platform: This platform allows businesses to integrate generative AI into their existing products and SaaS solutions. It simplifies complex tasks like prompt engineering, evaluation, and fine-tuning, making it accessible even for those without deep technical expertise.

• Autonomous Fine-tuning Agent: A proprietary technology that enables companies to rapidly create custom AI models and workflows while maintaining full control over their data.

• Small Language Models (SLMs): Specifically developed for efficiency and fine-tuning, these models are tailored to enhance business applications, particularly in sectors like finance and compliance.

• On-Premise Deployment Solutions: This offering ensures that clients can run AI models within their own infrastructure, providing complete ownership and adherence to data privacy regulations like GDPR.