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Katanemo launches Arch-Function LLMs for faster and cost-effective AI applications

Katanemo has open-sourced Arch-Function, a collection of large language models (LLMs) designed for ultra-fast function-calling tasks, claiming speeds nearly 12 times faster than GPT-4 and significant cost savings. These models enable enterprises to create agentic applications that can efficiently handle complex workflows, from processing prompts to making API calls, paving the way for a new wave of AI-driven enterprise solutions. The market for AI agents is projected to grow to $47 billion by 2030, highlighting the increasing demand for such technologies.

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