Open source software allows programmers to customise AI tools. Reuters
Open source software allows programmers to customise AI tools. Reuters
Open source software allows programmers to customise AI tools. Reuters
Open source software allows programmers to customise AI tools. Reuters

Abu Dhabi's TII makes large language model Falcon open source


Kelsey Warner
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  • Arabic

Two months after announcing its own large language model to compete with the likes of Google and OpenAI, Abu Dhabi has released the source code, calling on developers in academia and the private sector to build new artificial intelligence applications.

The decision to freely give away AI technology to be modified by anyone with the coding skills is dividing the industry, and the move by the Technology Innovation Institute, Abu Dhabi's government-backed research centre, to make Falcon 40B open source will separate it from competitors.

Google and OpenAI, the two front runners in the burgeoning field, have maintained shut foundational models, expressing concern that LLMs could be manipulated to spread misinformation or other potentially dangerous content.

But proponents of open source software say keeping these systems closed unfairly curtails innovation and hampers their potential to improve the world.

“Making Falcon 40B open source represents a critical milestone in our commitment to fostering AI innovation,” said Faisal Al Bannai, secretary general of the Advanced Technology Research Council (ATRC), which houses TII.

“We are disrupting LLM access and enabling researchers and entrepreneurs to come up with the most innovative use cases.”

LLMs are neural networks trained on vast databases of text, typically from the content of the internet, including Wikipedia pages and articles, as is the case with OpenAI's ChatGPT, Google's Bard and TII's Falcon.

These foundational models are able to identify patterns and predict what text should come next, allowing them to be prompted by humans and, in turn, converse or compose with people working with these models to churn out all manner of text such as research papers, computer code or fiction.

“Abu Dhabi and the UAE is a research and development hub and today they are taking a big step in the AI domain,” Ebtesam Almazrouei, a director in the AI research lab at TII, said in an interview with The National.

"This step demonstrates Abu Dhabi's commitment to fostering collaboration across sectors and driving advancements in generative AI."

TII is calling for proposals from researchers, scientists and entrepreneurs keen to use the AI model to build applications and use cases.

Giving developers access to robust computational resources, which is typically cost prohibitive, can accelerate data analysis and new discoveries in fields such as energy, health care and sustainability, said Dr Almazrouei.

The most innovative concepts will be backed by VentureOne, the commercialisation arm of the ATRC, with free “training compute power” to scale them up and turned them into viable commercial products.

Dr Ebtesam Almazrouei, director of AI Cross-Centre Unit at TII
Dr Ebtesam Almazrouei, director of AI Cross-Centre Unit at TII

Facebook parent company Meta made headlines this month for also giving its AI technology away as open-source software.

“The platform that will win will be the open one,” Yann LeCun, Meta’s chief AI scientist, said in an interview with The New York Times last week.

Falcon, TII's LLM, has 40 billion parameters and is trained on one trillion tokens. In addition to making the model available, TII is providing access to the model’s weights, which will quickly reveal to developers the model's architecture.

Such a move promotes transparency and accountability, and supports further innovation and research in the field, Dr Almazrouei said.

TII's activities are a critical part of the UAE's efforts to diversify its economy from a reliance on oil exports and develop it into a knowledge-based one.

The UAE recently moved up five places to rank as the top Arab country and the 37th out of 166 countries on the UN Frontier Technologies Readiness Index 2023.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Updated: May 26, 2023, 6:27 AM