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All issuesVolume 316, Issue 3IT NewsAI

CIO Insights: The Strategic Importance Of RAG And Open Source In GenAI

RTInsights, Wednesday, July 17th, 2024

GenAI innovation is being driven by developers. And they are in such a position because of the emergence of Retrieval Augmented Generation (RAG) and of open-source models.

GenAI is unleashing a Cambrian Explosion of new technologies that may be unparalleled from previous tech eras: more than 360 GenAI-centric startups created since Dec 2022. Yet whether the internet in 1999, the cloud's emergence in 2006, mobile computing in 2007, or the AI boom in the late 80s, all of these tech eras followed a similar pattern. Each began with a big bang proliferation of new, fresh, and quickly evolving programming languages, tooling, standards, software, and hardware. Massive communities of builders rapidly experimented and dissected, tried new approaches, and threw others away, building out a massive marketplace of ideas and implementations based on what was possible.

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