Munich Startup
AppliedAI: new partnership with Deepset

AppliedAI: new partnership with Deepset

Saskia Doll

Saskia Doll

AppliedAI Initiative and Deepset are joining forces to take innovative knowledge management solutions to the next level. Together, they aim to advance the development of customized, trustworthy RAG solutions that are specifically tailored to the unique requirements of each industry.

October 23, 2024

2 min. read time

Applications in knowledge management using Retrieval Augmented Generation (RAG) play an important role in day-to-day work with AI. RAG is a concept that combines language models like GPT with a retrieval mechanism to leverage knowledge from external data sources and improve the accuracy and timeliness of generated answers. To offer companies a comprehensive solution, AppliedAI Initiative is partnering with Deepset. The Berlin-based company helps with its products to develop tailored applications of large language models (LLMs) more quickly.

Together, they aim to support companies throughout the development of their AI use cases – from ideation to deployment. They leverage their strengths in generative AI, RAG, AI engineering, and trustworthy AI. The goal is a trustworthy RAG offering that can also be applied in companies with special requirements for data security, confidentiality protection, or compliance.

The partnership’s joint offering is based on proven technologies and solutions for easy implementation of AI-powered RAG solutions. This includes planning, development, and deployment of RAG applications as well as support with AI scaling. AppliedAI Initiative provides consulting services and support for the development and implementation of AI applications. Deepset closes the gap between research and market-ready technologies by integrating standardized or customized RAG components into cloud or on-premise infrastructure.

The RAG components contain the latest large language models (LLMs) and small language models (SLMs). This allows companies to improve the quality and costs of their RAG solutions. Additionally, they can expand and customize this component library as needed.

“The advanced natural language processing of generative AI, integrated with RAG capabilities, is revolutionizing knowledge management by enabling fast and effective access to internal resources for decision-making – similar to human interaction. To provide customers with scalable, production-ready solutions, Deepset and AppliedAI are combining their technological resources, best-practice solutions, and expertise in this promising new partnership,”

says Bernhard Pflugfelder, head of GenAI at AppliedAI Initiative.

Milos Rusic, co-founder and CEO of Deepset, is also convinced of the partnership:

“With AppliedAI’s expertise and our technology, we can enable customers to have a trustworthy package for implementing generative AI in key business-critical processes and customer experiences. We see trustworthy RAG in particular as a forward-looking solution that can be individually adapted to companies and changing conditions in every industry. This adaptability is the next level of AI evolution for enterprises.”

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