Moondream raises $4.5M to prove that smaller AI models can still pack a punch

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Moondream emerged from stealth mode today with $4.5 million in pre-seed funding and a radical proposition: when it comes to AI models, smaller is better. The startup, backed by Felicis Ventures, Microsoft’s M12 GitHub Fund, and Ascend, has built a vision-language model that operates with just 1.6 billion parameters yet rivals the performance of models four time...

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