Boardroom Club
Watch our exclusive interview with Benny Yufei Chen [https://www.linkedin.com/preload/?_bprMode=vanilla#], Co-Founder of Fireworks AI [https://www.linkedin.com/preload/?_bprMode=vanilla#]. Fireworks raised ~327M, most recently at a $4B valuation to change the AI space, enabling the enterprises to own the model themselves. We started by exploring Fireworks AI [https://www.linkedin.com/preload/?_bprMode=vanilla#]'s mission of enabling companies to access, fine-tune, and deploy #AI models through a simple platform - and the significant #cost savings potential. We then shifted to the #developer perspective, exploring how teams should choose a base model for Reinforcement Fine-Tuning (#RFT) and the impact considering the customization thereafter. As many organizations still rely on closed-source models, we dove into the advantages of #OpenSource alternatives and the key tradeoffs involved. We discussed the launch of #FireFunctionV2 and how it has changed the game for function-calling models and AI applications. Other interesting topics we covered: - Can open-source models outperform frontier models? - The tradeoff between cost, latency, and model quality and does it depend on the vertical? - Advice for Founders And guess what's is Benny [https://www.linkedin.com/preload/?_bprMode=vanilla#]'s favorite #movie is? 🛸🌌🪐 Check our new website: https://www.boardroomclub.net Register for our newsletter https://boardroomclub.substack.com Interviewers: Yossi Garmazi [https://www.linkedin.com/preload/?_bprMode=vanilla#] & Ellie Bleiberg [https://www.linkedin.com/preload/?_bprMode=vanilla#] #ai #tech #agent #RFT #OpenSource Chapters: 00:00 Why Open Source? 00:34 into 01:14 From Meta to Fireworks 03:13 What is RFT? 04:39 Raising Money in the AI era 06:54 Fireworks Customers 08:48 Developers & RFT 11:02 Why move from Closed-Source to Open Source? 13:10 FireFunction V2 15:19 Open Source to outperform Frontier models? 16:33 Lessons from Meta Vs the new AI world 19:17 Tradeoff between Cost, Latency and Model 20:26 Lessons from the AI World 23:28 Maintaining rigorous valuation & Startup speed 25:09 Principles by Ray Dalio 26:48 Advice for Product Leaders 28:29 Mentors 29:11 Hobbies 30:02 Coffee Question 30:44 Favorite Movie
89 episodes
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