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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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Sivers Semiconductors Signs CHIPS Act Contracts with the Northeast Microelectronics Coalition Hub

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The first half of $11.6M Microelectronics Commons funding for 5G/6G and Electronic Warfare chip technology to be received by January 2025

KISTA, Sweden, Jan. 13, 2025 /PRNewswire/ — Today, Sivers Semiconductors announced that it has successfully signed contracts for both the Electronic Warfare and 5G/6G chip development awards with the Northeast Microelectronics Coalition (NEMC) Hub through the U.S. CHIPS and Science Act. Funding is provided under the Microelectronics Commons program, executed through the Naval Surface Warfare Center Crane Division and the National Security Technology Accelerator (NSTXL).

These prestigious awards further validate Sivers’ wireless innovation as a critical enabler for mmWave technology adoption across markets. In these projects, Sivers will work with industry giants like BAE Systems, Raytheon, and Ericsson and lead the charge in commercializing RF and beamforming technology for defense and dual-use applications. 

Advance payment of roughly half of the first-year value of both programs is expected to occur by January 2025. If renewed over three years, under the discretion of future awards under the Microelectronics Commons program, the overall funding of both programs is expected to amount to approximately $30M.

“We are honored and grateful for these first two US CHIPS and Science Act funding awards and appreciate the support from the NEMC hub in helping find the right balance on associated contract structure and milestones,” said Vickram Vathulya, CEO of Sivers Semiconductors. “As we move forward with these critical portfolio projects, we remain committed to optimizing cash flow across all our development contracts, ensuring efficient working capital management while scaling our engagements.” 

“We’re proud to collaborate with our partners on advancing RF technology for 5G/6G FR3 and Electronic Warfare,” said Harish Krishnaswamy, Managing Director of the Wireless Division at Sivers Semiconductors. “FR3 represents the next leap in cellular innovation, merging the superior range of sub-6GHz with the high-speed capabilities of millimeter-waves. Additionally, we’re excited to broaden our portfolio with cutting-edge solutions for defense and electronic warfare, establishing a strong third pillar for our Wireless Division alongside SATCOM and 5G.”

“Sivers Semiconductors is a key partner as we work to expand microelectronics lab-to-fab capabilities across the Northeast,” said Mark Halfman, Director, NEMC Hub. “We are excited to collaborate on the development of critical technologies with opportunities for sustainable, positive impacts on our national security.”

About the NEMC Hub

The Northeast Microelectronics Coalition (NEMC) Hub is a network of 200+ organizations including commercial and defense companies, leading academic institutions, federally funded R&D centers (FFRDCs), and startups concentrated in eight Northeast states. Established in 2023, the Hub is one of eight regional Microelectronics Commons Hubs working to expand the nation’s global leadership in microelectronics and accelerate domestic semiconductor prototyping. The NEMC Hub is a division of the Massachusetts Technology Collaborative and was established with federal CHIPS and Science Act funding under the Microelectronics Commons program and executed through the Naval Surface Warfare Center (NSWC) Crane Division and the National Security Technology Accelerator (NSTXL). The Hub fosters a vibrant, connected microelectronics ecosystem to provide sustainable lab-to-fab enablement, boost education and workforce development, and spur new jobs. Learn more at  https://nemicroelectronics.org/

Contact
Vickram Vathulya
CEO, Sivers Semiconductors
Tel: +46 (0)8 703 68 00
Email: ir@sivers-semiconductors.com

About Sivers Semiconductors 

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com. (SIVE.ST)

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sivers-semiconductors/r/sivers-semiconductors-signs-chips-act-contracts-with-the-northeast-microelectronics-coalition-hub,c4090302

The following files are available for download:

https://mb.cision.com/Main/11695/4090302/3201494.pdf

MECommon Signed Contract _Sivers_PR_EN_250113_FINAL

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iM Global Partner mourns the passing of Philippe Uzan

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PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

 

 

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

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CONTACT: media@imgp.com

 

 

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CME Group International Average Daily Volume Reaches Record 7.8 Million Contracts in 2024, Up 14% from 2023

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All-time high ADV for Europe, Middle East & Africa (EMEA), Asia Pacific (APAC) and Canada

LONDON and SINGAPORE, Jan. 13, 2025 /PRNewswire/ — CME Group, the world’s leading derivatives marketplace, today announced that its international average daily volume (ADV) reached a record 7.8 million contracts in 2024, up 14% from 2023. Reflecting all trading reported outside the United States, this was driven by record growth in Energy up 31%, Metals up 27%, Agricultural up 25%, Interest Rate up 12% and Foreign Exchange products up 10% compared to the same period in 2023.

“We were especially pleased to see so many clients outside the U.S. turning to CME Group to access the markets and trade products they needed to navigate through ongoing economic and geopolitical uncertainty last year,” said Julie Winkler, Senior Managing Director and Chief Commercial Officer, CME Group. “Looking ahead, risk management will remain essential in 2025, and we are focused on helping our clients to manage risk and unlock opportunities.”

In 2024, EMEA ADV hit a record 5.8 million contracts, up 17% from 2023. This was driven by new ADV records in Energy up 40%, Agricultural up 31%, Metals up 24%, Interest Rate up 14% and Foreign Exchange products up 12% year on year.

APAC ADV grew to an all-time high of 1.7 million contracts in 2024, up 7% from 2023.  The region saw new ADV records in Agricultural up 16%, as well as Interest Rate and Foreign Exchange products, both up 3%.

Canada ADV achieved a record 164,000 contracts in 2024, with ADV records in Energy, Agricultural and Interest Rate products up 26%, 14% and 10% respectively year on year.

LatAm ADV reached 174,000 contracts in 2024. ADV of Metals and Foreign Exchange products in the region were up 42% and 19%.

Globally, CME Group reported a record ADV of 26.5 million contracts in 2024, up 9% over 2023. This was largely driven by record growth in Interest Rate ADV, up 10% to a record 13.7 million contracts. Metals, Agricultural and Foreign Exchange products also saw record growth, up 23%, 13% and 8% respectively.

As the world’s leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest ratesequity indexesforeign exchangeenergyagricultural products and metals.  The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world’s leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“S&P DJI”). “S&P®”, “S&P 500®”, “SPY®”, “SPX®”, US 500 and The 500 are trademarks of Standard & Poor’s Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. 

CME-G

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