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FriendliAI Introduces Friendli Dedicated Endpoints, A Managed Service Version of Friendli Container to Increase Accessibility

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FriendliAI introduces Friendli Dedicated Endpoints, a managed cloud service providing automated, cost-effective, and high-performance custom model serving. By leveraging the Friendli Engine, users can streamline the process of building and serving Large Language Models (LLMs) with significant reductions in GPU costs. The service aims to democratize generative AI and unlock endless possibilities for users of all technical backgrounds.
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The announcement by FriendliAI regarding its new service, Friendli Dedicated Endpoints, suggests a strategic move to simplify the deployment and management of generative AI models. This service could potentially disrupt the market by lowering entry barriers for businesses interested in leveraging AI. From a market perspective, this may lead to an increase in the adoption rates of AI technologies, particularly among small to medium-sized enterprises that previously may have been deterred by the complexities and costs associated with such implementations.

By offering a managed service that reduces the need for in-depth technical expertise and significant upfront investment, FriendliAI is positioning itself to capture a broader customer base. The cost savings on GPU usage, paired with the performance claims of up to ten times faster query response times, could translate into competitive advantages for users, which in turn may drive market growth for FriendliAI's services.

However, it's important to monitor how FriendliAI's service performs in real-world scenarios, as the claims of superior performance and efficiency will need to be validated by users. Additionally, the impact on the company's financials will depend on the pricing structure of the service and the ability to scale efficiently while maintaining quality and performance.

FriendliAI's introduction of Friendli Dedicated Endpoints is likely to have a positive impact on the company's financial performance if it leads to increased customer acquisition and retention. The emphasis on cost-effectiveness and automated processes is in line with current economic demands for efficiency and scalability. By reducing GPU costs by 50% to 90%, FriendliAI is not only offering a value proposition to its customers but also potentially improving its own margins by optimizing the utilization of expensive hardware resources.

The ability to serve diverse AI applications with custom model support could enable FriendliAI to tap into various industry verticals, potentially diversifying its revenue streams. Moreover, the company's strategy to democratize access to generative AI technologies could lead to a first-mover advantage in an emerging market segment, which is often a key factor in long-term financial success.

Investors should consider the potential of FriendliAI's technology to become a standard in the industry, while also being mindful of the risks associated with the rapid evolution of AI technologies and the possibility of new entrants offering similar or more advanced solutions.

The technical innovation behind Friendli Dedicated Endpoints is noteworthy, particularly the Friendli Engine's ability to optimize GPU usage. The claim that a single GPU can deliver results equivalent to up to seven GPUs when using conventional methods is a significant technological leap, suggesting that FriendliAI has potentially made advancements in computational efficiency and algorithm optimization.

Furthermore, the service's intelligent operation features, such as automated failure management and auto-scaling, reflect an understanding of the need for robust and adaptive AI solutions in business environments. The impact of these features on operational continuity and resource allocation efficiency could be substantial, offering businesses a more resilient infrastructure for their AI needs.

It will be essential to assess the long-term reliability and performance consistency of Friendli Dedicated Endpoints, as these factors will be critical for customer trust and satisfaction. The technological community will also be keen to see if FriendliAI's innovations set new standards for efficiency in the AI industry.

REDWOOD CITY, Calif., April 3, 2024 /PRNewswire/ -- FriendliAI, a frontrunner in inference serving for generative AI, is thrilled to announce Friendli Dedicated Endpoints, which offers the capabilities of Friendli Container as a managed service. This latest addition to the Friendli Suite eliminates the complexities of containerization and development, providing customers with automated, cost-effective, and high-performance custom model serving. 

Friendli Dedicated Endpoints is the managed cloud service alternative to Friendli Container. Friendli Container, currently adopted by startups and enterprises alike to deploy Large Language Models (LLMs) at scale within private environments, shows significant reductions in GPU costs with the power of the highly GPU optimized Friendli Engine, which powers Friendli Dedicated Endpoints as well.

In addition to leveraging the Friendli Engine, Friendli Dedicated Endpoints streamlines the process of building and serving LLMs through automation, making it more cost and time efficient. Friendli Dedicated Endpoints handles managing and operating generative AI deployments, from model custom fine-tuning to procuring cloud resources to automatic monitoring of deployments. For instance, users can fine-tune and deploy a quantized Llama 2 or Mixtral model using the powerful Friendli Engine in just a few clicks, bringing cutting-edge GPU-optimized serving to users of all technical backgrounds. 

Byung-Gon Chun, CEO of FriendliAI, highlighted the importance of democratizing generative AI, emphasizing its importance in driving innovation and organizational productivity. 

"With Friendli Dedicated Endpoints, we're eliminating the hassle of infrastructure management so that customers can unlock the full potential of generative AI with the power of Friendli Engine. Whether it's text generation, image creation, or beyond, our service opens the doors to endless possibilities for users of all backgrounds."

Key features of Friendli Dedicated Endpoints:

  • Dedicated GPU Instances: Users can reserve entire GPUs for serving their custom generative AI models, ensuring consistent and reliable access to high-performance GPU resources.
  • Custom Model Support: Users can upload, fine-tune, and deploy models, enabling tailored solutions for diverse AI applications.
  • Superior Performance and Efficiency: A single GPU with the optimized Friendli Engine delivers results equivalent to up to seven GPUs with vLLM. Friendli Engine saves 50% to 90% on GPU costs and boasts up to 10x faster query response times.
  • Intelligent Operation: Friendli Dedicated Endpoints seamlessly adapts to fluctuating workloads and failures with automated failure management and auto-scaling that adjusts resource allocation based on traffic patterns, ensuring uninterrupted operations and resource efficiency during peak demand periods.

By eliminating technical barriers and optimizing GPU usage, FriendliAI hopes that infrastructure constraints will no longer hinder innovation in generative AI.

Chun says, "We're thrilled to welcome new users on our journey to make generative AI models fast and affordable."

For more information about Friendli Dedicated Endpoints or Friendli Container, please visit https://friendli.ai/ 

About FriendliAI:

FriendliAI is a leader in inference serving for generative AI, committed to democratizing access to cutting-edge generative AI technologies. By providing accessible generative AI infrastructure services for developers, FriendliAI aims to accelerate innovation in the field of generative AI. 

For media inquiries or interview requests, please contact Sujin Oh at press@friendli.ai 

Cision View original content:https://www.prnewswire.com/news-releases/friendliai-introduces-friendli-dedicated-endpoints-a-managed-service-version-of-friendli-container-to-increase-accessibility-302105724.html

SOURCE FriendliAI

FAQ

What is the latest addition to the Friendli Suite announced by FriendliAI?

The latest addition is Friendli Dedicated Endpoints, a managed cloud service offering automated, cost-effective, and high-performance custom model serving.

How does Friendli Dedicated Endpoints simplify the process of building and serving Large Language Models (LLMs)?

Friendli Dedicated Endpoints streamlines the process through automation, making it more cost and time efficient for users.

What are the key features of Friendli Dedicated Endpoints?

Key features include dedicated GPU instances, custom model support, superior performance and efficiency, and intelligent operation for managing workloads and failures.

Who is the CEO of FriendliAI?

Byung-Gon Chun is the CEO of FriendliAI.

What is the goal of FriendliAI with the introduction of Friendli Dedicated Endpoints?

The goal is to eliminate technical barriers and optimize GPU usage to foster innovation in generative AI.

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