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    Home»Development»NuMind Released: Empowering Custom NLP Model Creation with In-House Foundation Models and Active Learning for Over 10 Industries and Languages

    NuMind Released: Empowering Custom NLP Model Creation with In-House Foundation Models and Active Learning for Over 10 Industries and Languages

    August 6, 2024

    NuMind is an innovative tool designed to facilitate creation of custom natural language processing (NLP) models through an interactive teaching process. Developed by NuMind, the tool aims to democratize the use of advanced NLP models by allowing users to build high-performance information extraction models without requiring extensive technical expertise or sharing sensitive data.

    NuMind leverages in-house foundation models, automatic machine learning, and an active learning strategy to streamline the model creation process. By teaching AI, users can develop lightweight custom models, typically less than 1 GB, highly efficient and often outperform larger, generic large language models (LLMs) such as GPT-3.5 and GPT-4 after sufficient training and corrections.

    NuMind supports various NLP tasks, including classification, multilabel classification, named entity recognition (NER), and, soon, structured extraction. These tasks enable users to extract relevant information from diverse documents, such as medical reports, legal documents, financial statements, social media posts, and chat messages.

    Teaching the AI involves three main steps: telling the AI what to do, showing the AI how to do it, and iteratively correcting the AI’s mistakes. This approach mimics the way humans teach each other and proves highly effective. Users begin by describing the project and creating classes or labels. Next, they demonstrate the task by annotating a few documents. The AI then uses these annotations to fine-tune its models, with an active learning procedure selecting the most informative documents for further annotation.

    Image Source

    NuMind ensures that all data and computations remain local, maintaining the privacy and confidentiality of user data. This feature is important for industries with stringent data privacy requirements. As users continue to correct the AI’s mistakes, the model improves rapidly, often requiring fewer corrections over time. This iterative process enables users to create high-quality custom models with minimal effort.

    For instance, creating a NER model with NuMind involves downloading the tool, starting a project, and selecting the entity detection task. Users then annotate documents to teach the AI, which learns from these annotations and improves its performance through subsequent iterations. This method allows the creation of robust models capable of accurately identifying entities within documents.

    Image Source

    NuMind also includes a feature for reviewing disagreements between the user’s annotations and the model’s predictions. This review process helps users identify and correct any discrepancies, further enhancing the model’s accuracy. Additionally, NuMind provides a model playground where users can test and debug the model by editing text and observing the AI’s predictions. This interactive debugging is crucial for understanding and improving the model’s robustness.

    Once satisfied with the model’s performance, users can deploy it on a server, creating a REST API for integration with other applications. The small size of the custom models, less than 1 GB, allows them to be hosted on inexpensive CPU servers, making deployment cost-effective. NuMind is also developing a production cloud solution for users with less stringent privacy requirements.

    Image Source

    NuMind’s versatility extends to various industries and languages, making it a valuable tool for multiple applications. Whether extracting information from complex legal documents, analyzing social media content, or processing financial data, NuMind provides a powerful, user-friendly solution for creating custom NLP models.

    In conclusion, the release of NuMind simplifies the model creation process and ensures data privacy, empowering users across different industries to harness the power of AI for information extraction. This tool enhances productivity and allows for leveraging AI in various domains.

    Check out the Details. All credit for this research goes to the researchers of this project. Also, don’t forget to follow us on Twitter and join our Telegram Channel and LinkedIn Group. If you like our work, you will love our newsletter..

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    The post NuMind Released: Empowering Custom NLP Model Creation with In-House Foundation Models and Active Learning for Over 10 Industries and Languages appeared first on MarkTechPost.

    Source: Read More 

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