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IBM Introduces Granite 3.0: High Performing AI Models Built for Business

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New Granite 3.0 8B & 2B models, released under the permissive Apache 2.0 license, show strong performance across many academic and enterprise benchmarks, able to outperform or match similar-sized modelsNew Granite Guardian 3.0 models deliver IBM’s most comprehensive guardrail capabilities to advance safe and trustworthy AINew Granite 3.0 Mixture-of-Experts models enable extremely efficient inference and low latency, suitable for CPU-based deployments and edge computingNew Granite Time Series model achieved state-of-the-art performance in zero/few-shot forecasting, outperforming models 10 times largerIBM unveils next generation of Granite-powered watsonx Code Assistant for general purpose coding; Debuts new tools in watsonx.ai for building and deploying AI applications and agentsAnnounces Granite will become the default model of Consulting Advantage, an AI-powered delivery platform used by IBM’s 160,000 consultants to bring new solutions to clients faster

ARMONK, N.Y., Oct. 21, 2024 /PRNewswire/ — Today, at IBM’s (NYSE: IBM) annual TechXchange event the company announced the release of its most advanced family of AI models to date, Granite 3.0. IBM’s third-generation Granite flagship language models can outperform or match similarly sized models from leading model providers on many academic and industry benchmarks, showcasing strong performance, transparency and safety.

Consistent with the company’s commitment to open-source AI, the Granite models are released under the permissive Apache 2.0 license, making them unique in the combination of performance, flexibility and autonomy they provide to enterprise clients and the community at large.

IBM’s Granite 3.0 family includes:

General Purpose/Language: Granite 3.0 8B Instruct, Granite 3.0 2B Instruct, Granite 3.0 8B Base, Granite 3.0 2B BaseGuardrails & Safety: Granite Guardian 3.0 8B, Granite Guardian 3.0 2BMixture-of-Experts: Granite 3.0 3B-A800M Instruct, Granite 3.0 1B-A400M Instruct, Granite 3.0 3B-A800M Base, Granite 3.0 1B-A400M Base

The new Granite 3.0 8B and 2B language models are designed as ‘workhorse’ models for enterprise AI, delivering strong performance for tasks such as Retrieval Augmented Geneneration (RAG), classification, summarization, entity extraction, and tool use. These compact, versatile models are designed to be fine-tuned with enterprise data and seamlessly integrated across diverse business environments or workflows.

While many large language models (LLMs) are trained on publicly available data, a vast majority of enterprise data remains untapped. By combining a small Granite model with enterprise data, especially using the revolutionary alignment technique InstructLab – introduced by IBM and RedHat in May – IBM believes businesses can achieve task-specific performance that rivals larger models at a fraction of the cost (based on an observed range of 3x-23x less cost than large frontier models in several early proofs-of-concept1).

The Granite 3.0 release reaffirms IBM’s commitment to building transparency, safety, and trust in AI products. The Granite 3.0 technical report and responsible use guide provide a description of the datasets used to train these models, details of the filtering, cleansing, and curation steps applied, along with comprehensive results of model performance across major academic and enterprise benchmarks.

Critically, IBM provides an IP indemnity for all Granite models on watsonx.ai so enterprise clients can be more confident in merging their data with the models.

Raising the bar: Granite 3.0 benchmarks

The Granite 3.0 language models also demonstrate promising results on raw performance.

On standard academic benchmarks defined by Hugging Face’s OpenLLM Leaderboard, the Granite 3.0 8B Instruct model’s overall performance leads on average against state-of-the-art-performance of similar-sized open source models from Meta and Mistral. On IBM’s state-of-the-art AttaQ safety benchmark, the Granite 3.0 8B Instruct model leads across all measured safety dimensions compared to models from Meta and Mistral.2 

Across the core enterprise tasks of RAG, tool use, and tasks in the Cybersecurity domain, the Granite 3.0 8B Instruct model shows leading performance on average compared to similar-sized open source models from Mistral and Meta.3

The Granite 3.0 models were trained on over 12 trillion tokens on data taken from 12 different natural languages and 116 different programming languages, using a novel two-stage training method, leveraging results from several thousand experiments designed to optimize data quality, data selection, and training parameters. By the end of the year, the 3.0 8B and 2B language models are expected to include support for an extended 128K context window and multi-modal document understanding capabilities.

Demonstrating an excellent balance of performance and inference cost, IBM offers its Granite Mixture of Experts (MoE) Architecture models, Granite 3.0 1B-A400M and Granite 3.0 3B-A800M, as smaller, lightweight models that could be deployed for low latency applications as well as CPU-based deployments.  

IBM is also announcing an updated release of its pre-trained Granite Time Series models, the first versions of which were released earlier this year. These new models are trained on 3 times more data and deliver strong performance on all three major time series benchmarks, outperforming 10 times larger models from Google, Alibaba, and others. The updated models also provide greater modeling flexibility with support for external variables and rolling forecasts.4

Introducing Granite Guardian 3.0: ushering the next era of responsible AI   

As part of this release, IBM is also introducing a new family of Granite Guardian models that permit application developers to implement safety guardrails by checking user prompts and LLM responses for a variety of risks. The Granite Guardian 3.0 8B and 2B models provide the most comprehensive set of risk and harm detection capabilities available in the market today.

In addition to harm dimensions such as social bias, hate, toxicity, profanity, violence, jailbreaking and more, these models also provide a range of unique RAG-specific checks such as groundedness, context relevance, and answer relevance.  In extensive testing across 19 safety and RAG benchmarks, the Granite Guardian 3.0 8B model has higher overall accuracy on harm detection on average than all three generations of Llama Guard models from Meta. It also showed on par overall performance in hallucination detection on average with specialized hallucination detection models WeCheck and MiniCheck.5

While the Granite Guardian models are derived from the corresponding Granite language models, they can be used to implement guardrails alongside any open or proprietary AI models.

Availability of Granite 3.0 models

The entire suite of Granite 3.0 models and the updated time series models are available for download on HuggingFace under the permissive Apache 2.0 license. The instruct variants of the new Granite 3.0 8B and 2B language models and the Granite Guardian 3.0 8B and 2Bmodels are available today for commercial use on IBM’s watsonx platform. A selection of the Granite 3.0 models will also be available as NVIDIA NIM microservices and through Google Cloud’s Vertex AI Model Garden integrations with HuggingFace.

To help provide developer choice and ease of use and support local, edge deployments, a curated set of the Granite 3.0 models are also available on Ollama and Replicate.

The latest generation of Granite models expand IBM’s robust open-source catalog of powerful LLMs. IBM has collaborated with ecosystem partners like AWS, Docker, Domo, Qualcomm Technologies, Inc. via its Qualcomm® AI Hub, Salesforce, SAP, and others to integrate a variety of Granite models into these partners’ offerings or make Granite models available on their platforms, offering greater choice to enterprises across the world. 

Assistants to Agents: realizing the future for enterprise AI 

IBM is advancing enterprise AI through a spectrum of technologies – from models and assistants, to the tools needed to tune and deploy AI specifically for companies’ unique data and use-cases. IBM is also paving the way for future AI agents that can self-direct, reflect, and perform complex tasks in dynamic business environments.

IBM continues to evolve its portfolio of AI assistant technologies – from watsonx Orchestrate to help companies build their own assistants via low-code tooling and automation, to a wide set of pre-built assistants for specific tasks and domains such as customer service, human resources, sales, and marketing. Organizations around the world have used watsonx Assistant to help them build AI assistants for tasks like answering routine questions from customers or employees, modernizing their mainframes and legacy IT applications, helping students explore potential career paths, or providing digital mortgage support for home buyers. 

Today IBM also unveiled the upcoming release of the next generation of watsonx Code Assistant, powered by Granite code models, to offer general-purpose coding assistance across languages like C, C++, Go, Java, and Python, with advanced application modernization capabilities for Enterprise Java Applications.6 Granite’s code capabilities are also now accessible through a Visual Studio Code extension, IBM Granite.Code.

IBM also plans to release new tools to help developers build, customize and deploy AI more efficiently via watsonx.ai – including agentic frameworks, integrations with existing environments and low-code automations for common use-cases like RAG and agents.7

IBM is focused on developing AI agent technologies which are capable of greater autonomy, sophisticated reasoning and multi-step problem solving. The initial release of the Granite 3.0 8B model features support for key agentic capabilities, such as advanced reasoning and a highly-structured chat template and prompting style for implementing tool use workflows.  IBM also plans to introduce a new AI agent chat feature to IBM watsonx Orchestrate, which uses agentic capabilities to orchestrate AI Assistants, skills, and automations that help users increase productivity across their teams.8  IBM plans to continue building agent capabilities across its portfolio in 2025, including pre-built agents for specific domains and use-cases.

Expanded AI-powered delivery platform to supercharge IBM consultants with AI 

IBM is also announcing a major expansion of its AI-powered delivery platform, IBM Consulting Advantage. The multi-model platform contains AI agents, applications, and methods like repeatable frameworks that can empower 160,000 IBM consultants to deliver better and faster client value at a lower cost.

As part of the expansion, Granite 3.0 language models will become the default model in Consulting Advantage. Leveraging Granite’s performance and efficiency, IBM Consulting will be able to help maximize the return-on-investment for the generative AI projects of IBM clients. 

Another key part of the expansion is the introduction of IBM Consulting Advantage for Cloud Transformation and Management and IBM Consulting Advantage for Business Operations. Each includes domain-specific AI agents, applications, and methods infused with IBM’s best practices so IBM consultants can help accelerate client cloud and AI transformations in tasks, like code modernization and quality engineering, or transform and execute operations across domains, like finance, HR and procurement.

To learn more about Granite and IBM’s AI for Business strategy, visit https://www.ibm.com/granite.

1 Cost calculations are based on API cost per million tokens pricing of IBM watsonx for open models and openAI for GPT4 models (assuming blend of 80% inout, 20% output) for customer proofs-of-concept.
2 IBM Research technical paper: Granite 3.0 Language Models
3 IBM Research technical paper: Granite 3.0 Language Models
The Tiny Time Mixer: Fast Pre-Trained Models for Enhanced Zero/Few Shot Forecasting on Multivariate Time Series
5 Evaluation results published in Granite Guardian GitHub Repo
6 Planned availability for Q4 2024
7 Planned availability for Q4 2024
8 Planned availability for Q1 2025

Media Contact:
Amy Angelini
alangeli@us.ibm.com

 

SOURCE IBM

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JinkoSolar’s Subsidiary Jiangxi Jinko Proposed to Offer and List up to 1,000,519,986 A Shares in the Form of GDRs on the Frankfurt Stock Exchange in Germany

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SHANGRAO, China, Oct. 21, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Jinko Solar Co., Ltd. (“Jiangxi Jinko”), its majority-owned principal operating subsidiary, intends to issue an aggregate of up to 1,000,519,986 A shares (the “Shares”), RMB1.0 par value per Share, in the form of Global Depositary Receipts (“GDRs”) (including Shares issued as a result of the exercise of any over-allotment option, if any) (the “GDR Offering”). Each GDR represents 10 Shares. Jiangxi Jinko intends to apply for listing the GDRs on the Frankfurt Stock Exchange in Germany. The size of the GDR Offering is subject to market conditions and may be adjusted by Jiangxi Jinko’s board of directors (subject to authorization from its shareholders at the shareholders’ meeting).

The GDRs will represent not more than 10% of the total share capital of Jiangxi Jinko prior to this offering. JinkoSolar currently owns approximately 58.59% equity interest in Jiangxi Jinko. Following the GDR Offering, JinkoSolar will own approximately 53.26% equity interest in Jiangxi Jinko (calculated assuming 1,000,519,986 Shares will be issued in the GDR Offering).

The gross proceeds from the GDR Offering are expected to be not more than RMB4.5 billion (or its equivalent in foreign currencies), which, after deducting offering expenses, will be used for (i) construction and development of 1 GW High-efficiency Module Project in the U.S., (ii) construction and development of Shanxi Phase II 14 GW Integrated Production Base Project for manufacturing of monocrystalline silicon pull rod, silicon wafer, high-efficiency solar cells and modules, and (iii) working capital or repayment of bank loans for Jiangxi Jinko. The use of proceeds raised is subject to the disclosure in the offering document or other registration documents.

The completion of the GDR Offering is subject to the approval of Jiangxi Jinko’s shareholders, the approvals by the Shanghai Stock Exchange, Frankfurt Stock Exchange and the Federal Financial Supervisory Authority in Germany, and the registration process by the China Securities Regulatory Commission. Jiangxi Jinko cannot guarantee its ability to successfully complete the listing of the GDRs, the related timeline or the actual size and pricing of the GDR Offering.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of June 30, 2024.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang

JinkoSolar Holding Co., Ltd.

Tel: +86 21-5180-8777 ext.7806

Email: ir@jinkosolar.com 

Mr. Rene Vanguestaine

Christensen

Tel: +86 178 1749 0483

Email: rene.vanguestaine@christensencomms.com 

In the U.S.:

Ms. Linda Bergkamp

Christensen, Scottsdale, Arizona

Tel: +1-480-614-3004

Email: linda.bergkamp@christensencomms.com

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SOURCE JinkoSolar Holding Co., Ltd.

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Realta Wealth Continues Leadership Team Expansion, Adds Abbey Eastham As Head of Advisor Relations

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Tenured Wealth Management Executive Joins From Cetera

WILMINGTON, Del., Oct. 21, 2024 /PRNewswire/ — Realta Wealth, an exclusive independent wealth management firm, today announced the appointment of Abbey Eastham as Head of Advisor Relations. Reporting directly to CEO Kevin Keefe, Eastham will foster and enhance the relationship between Realta and its network of elite independent financial advisors in this newly created role.

“We continue to build a strong leadership team at Realta by adding highly accomplished executives from across the wealth management space,” Keefe said. “As a firm, we are delivering to our affiliated advisors all the essential benefits of an authentic independent provider, and to do this consistently, we need to listen and build trust by acting on their feedback. Abbey is a seasoned pro who will be a fierce advocate for our advisors, ensuring their voices are at the forefront when we make decisions about enhancing our offerings and allocating resources here to provide an exceptional advisor experience. With hard-won expertise and a stellar reputation, Abbey is the right person to deepen advisor relationships as Realta charts its course for the future. We are excited she chose to join us and look forward to all we will accomplish together.”

Eastham will gather and implement advisor feedback, address escalated issues from the field and lead the firm’s Strategic Advisory Council of top advisors to deliver and sustain an exceptional advisor experience. She will also partner with internal departments to ensure premier service delivery to advisors and develop programs and initiatives aimed at continuously improving the overall advisor experience.

She has more than 15 years of industry experience and has worked at some of the largest firms in the independent space. Before joining Realta, Eastham was a Senior Investment Solutions Manager at Cetera Financial Group. She has also been a Senior Vice President of Advisor Relations at First Allied Securities.

Eastham said, “I am thrilled to begin the next chapter of my career with Realta at such an exciting time for the firm. I love helping independent financial advisors grow their businesses and care for their clients. At Realta, I will ensure advisors receive the high-touch, bespoke service experience they deserve. It’s great to be part of such an impressive team of dedicated industry leaders.”

About Realta Wealth

Realta Wealth is an independent broker-dealer and RIA platform that enables financial professionals to maximize the success of their practices. Realta Wealth includes Realta Equities, Inc., a FINRA-registered independent broker-dealer, and Realta Investment Advisors, Inc., an SEC Registered Investment Advisor. Realta’s mission is to empower independent advisors to attract and serve affluent and high-net-worth clients. The firm provides advisors with best-in-class resources, bespoke support, a curated community of like-minded peers and a team of experienced and accessible executive leadership. The name Realta reflects the firm’s position as a guiding light committed to helping its advisors and clients reach their financial goals. Learn more at www.RealtaWealth.com.

Media Contacts
Lorene Yue or Brandon Blackwell
Haven Tower Group
424 317 4854 or 424 317 4868
lyue@haventower.com or bblackwell@haventower.com

View original content:https://www.prnewswire.com/news-releases/realta-wealth-continues-leadership-team-expansion-adds-abbey-eastham-as-head-of-advisor-relations-302279997.html

SOURCE Realta Wealth

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dotCMS announces new Head of User Experience and Director of Outbound Product Management

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dotCMS announced today that the leading content management system has appointed Maria Fernandez Trevino as Head of User Experience and Marc Boutillette as Director of Outbound Product Management, effective August 2024.

MIAMI, Oct. 21, 2024 /PRNewswire-PRWeb/ — dotCMS announced today that the leading content management system has appointed Maria Fernandez Trevino as Head of User Experience and Marc Boutillette as Director of Outbound Product Management, effective August 2024.

“I’m thrilled to welcome both Marc and Maria as we continue building the leading universal content management system on the market for both content teams and developer teams,” said Preston So, dotCMS VP of Product.

Fernandez comes to dotCMS with over a decade of experience in the tech industry. As a leader in user experience at Oracle, she guided the development of the web, mobile, and desktop applications for the cloud offering of Oracle Content Management. As a program manager in user experience at Microsoft, she was part of the team that redesigned the Office user interface to introduce the “ribbon” and “backstage view” into all Office apps.

At dotCMS, Fernandez will act as the primary design leader, working closely with other leadership across the organization to integrate design vision and user experience into the overall product strategy and roadmap.

Boutillette has more than twenty years of experience in both product and marketing areas at Oracle. He has contributed millions of dollars in revenue and driven over 30% growth in partner ecosystems by building and presenting customer product demos, running training programs for sales and solutions engineering teams, and producing sales enablement content for go-to-market teams.

His role at dotCMS will oversee and direct all outbound product management activities including competitive analysis and intelligence, comparative product research, field enablement motions, product positioning, and developer advocacy and relations. Boutillette will collaborate closely with product managers to establish and maintain a value-focused and forward looking product vision and strategy to build trailblazing and industry-leading features and products at dotCMS.

“Maria and Marc bring a bevy of rich expertise to dotCMS from their decades at companies like Oracle and Microsoft,” said Preston So, dotCMS VP of Product. “Maria’s body of work across a variety of enterprise content products will support our already sleek user experience, and Marc’s deep product operations and field enablement background will enrich our maturing go-to-market efforts. I’m thrilled to welcome both Marc and Maria as we continue building the leading universal content management system on the market for both content teams and developer teams.”

Media Contact

Inna Bosenko, dotCMS, +1-305-900-2001, marketing@dotcms.com, dotCMS.com 

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