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Newsflash: Pierer invests Millions in Hochreiter‘s XLSTM

Newsflash: Pierer invests Millions in Hochreiter‘s XLSTM

Industrial AI Podcast vor 2 Jahren

Pierer invests many millions in Sepp Hochreiter's LLM alternative architecture. Shortly before Christmas, the company NXAI was founded in Linz with Albert Ortig as Managing Director. Its task: to market Hochreiter's XLSTM.

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Industrial AI Podcast

350 Episoden

How the industry can benefit from AI technologies and what it takes to do so.

Wissenschaft Technologie Wirtschaft

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As things stand today: "We have to scale. We first test on small
data sets, then on medium-sized sets and finally on the very large
sets," explains Hochreiter. The XLSTM technology performs "very
well" on the small and medium-sized data sets. You have to beat all
models on the market, says Linz. Over 1,000 GPUs around the world
are currently computing the development from Upper Austria. The
time horizon is ambitious: The tests on the smaller and
medium-sized data sets should be completed by the end of March.
"The large data sets will then take centre stage in June," explains
Albert Ortig, Managing Director of NXAI. Thanks for listening. We
welcome suggestions for topics, criticism and a few stars on Apple,
Spotify and Co. We thank our partner **HANNOVER MESSE**
https://www.hannovermesse.de/de/ Albert Ortig
[Contact](https://www.linkedin.com/in/aajjoo/) Sepp Hochreiter
[Contact](https://www.linkedin.com/in/sepp-hochreiter-41514846/)