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G42 Company Inception Launches 20+ Arabic AI Language Models
The suite of tools is based on the 70-billion-parameter JAIS 70B large language model with bilingual Arabic and English AI capabilities.
Inception, a company that develops advanced AI models backed by G42, has launched JAIS 70B, a large language model (LLM) specially tailored for Arabic natural language processing (NLP).
The 70-billion parameter model was created to enhance the integration of generative AI across sectors, including content creation, customer service, and data analytics.
The new model offers open-source bilingual AI capabilities in Arabic and English. The technology was developed through rigorous training and fine-tuning of 370 billion tokens, including the largest Arabic dataset ever used in an open-source foundational model, with around 330 billion Arabic tokens.
Along with JAIS 70B, Inception has also announced the launch of 20 AI models ranging from 590 million to 70 billion parameters. The new tools are capable of addressing the needs of small-scale applications as well as complex enterprise solutions.
The AI models have been fine-tuned for chat applications using 1.6 trillion tokens in Arabic and English. Dr. Andrew Jackson, Inception’s CEO, highlighted the company’s passion for preserving Arabic language and heritage while democratizing AI access:
“Releasing JAIS 70B and this new family of models reinforces our commitment to delivering the highest-quality AI foundation model for Arabic-speaking nations,” he noted.
Also Read: Top Free AI Chatbots Available In The Middle East
After launching JAIS-13B and JAIS-13B-chat in August 2023, Inception introduced JAIS-30B and JAIS-30B-chat, with a focus on Arabic-centric models. JAIS 70B and JAIS 70B-chat have both demonstrated superior performance in English and Arabic benchmarks compared to the earlier models.
Neha Sengupta, Principal Applied Scientist at Inception, explained that JAIS variants were trained from scratch and outperformed others that were adapted from existing models. Inception also used Llama2 to enhance efficiency, reduce computational complexity and lessen environmental impact when developing JAIS 70B.
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NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
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NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
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