PrismML, a Caltech spinout backed by Khosla Ventures, claims it has compressed Alibaba's 27-billion-parameter open-source model to under 4GB and run it in full on an iPhone 17 Pro — a scale far beyond the compact models typically deployed on phones today. The startup says it plans to open-source the compressed model on July 14, and Apple has reportedly met with the company to examine its technology.
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