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FEDML Nexus AI Studio: an all-new zero-code LLM builder
Using The THETA Blockchain Edge Nodes
November 02, 2023
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💡We have a webinar on Tuesday Nov 7 at 11am PT/2pm ET at which we’ll introduce our FEDML Nexus AI platform and show a live-demonstration of Studio: Register for the webinar here

Table of contents:
- Introduction
- FEDML Nexus AI Overview
- LLM use cases
- The challenge with LLMs
- Why a zero-code LLM Studio?
- How does it work?
- Future plans to add Studio
- Advanced and custom LLM training with Launch and Train
- Webinar announcement 

Introduction

Most businesses today are exploring the many ways modern artificial intelligence and its generative models may revolutionize the way we interact with products and services. Artificial intelligence technology is moving fast and it can be difficult for data scientists and machine learning engineers to keep up with the new models, algorithms, and techniques emerging each week.  Additionally, it’s difficult for developers to rapidly experiment with models and data at the pace required to keep up with the business’s AI application ideation.

Further, the “large” nature of these new generative models, such as large language models, is driving a new level of demand for compute, particularly, hard to find low cost GPUs, to support the massive computations required for distributed training and serving these generative models.

FEDM Nexus AI is a new platform that bridges these gaps and provides Studio, a no-code, rapid experimentation, MLOps, and low cost GPU compute resources for developers and enterprises to turn their LLM ideas into domain-specific value generating products and services.

FEDML Nexus AI Overview

FEDML Nexus AI is a platform of Next-Gen cloud services for LLMs and Generative AI. Developers need a way to quickly and easily find and provision the best GPU resources across multiple providers, minimize costs, and launch their AI jobs without worrying about tedious environment setup and management for complex generative AI workloads. Nexus AI also supports private on-prem infrastructure or hybrid cloud/on-prem.  FEDML Nexus AI solves for the needs which come with generative AI development in 4 ways:

  • GPU Marketplace for AI Development: Addressing the current dearth of compute nodes/GPUs arising due to the skyrocketing demand for AI models in enterprise applications, FEDML Nexus AI offers a massive GPU marketplace with over 18,000 compute nodes.  Beyond partnering with prominent data centers and GPU providers, the FEDML GPU marketplace also welcomes individuals to join effortlessly via our "Share and Earn" interface.
  • Unified ML Job Scheduler and GPU Manager: With a simple fedml launch your_job.yaml command, developers can instantly launch AI jobs (training, deployment, federated learning) on the most cost-effective GPU resources, without the need for tedious resource provisioning, environment setup and management. FEDML Launch supports any computing-intensive job for LLMs and generative AI, including large-scale distributed training, serverless/dedicated deployment endpoints, and large-scale similarity search in vector DB. It also enables cluster management and deployment of ML jobs on-premises, private, and hybrid clouds.
  • Zero-code LLM Studio: As enterprises increasingly seek to create private, bespoke, and vertically tailored LLMs, FEDML Nexus AI Studio empowers any developer to train, fine-tune, and deploy generative AI models code-free. This Studio leverages fedml launch and allows companies to seamlessly create specialized LLMs with their proprietary data in a secure and cost-effective manner.
  • Optimized MLOps and Compute Libraries for Diverse AI Jobs: Catering to advanced ML developers, FEDML Nexus AI provides powerful MLOps platforms for distributed model training, scalable model serving, and edge-based federated learning. FEDML Train offers robust distributed model training with advanced resource optimization and observability. FEDML Deploy provides MLOps for swift, auto-scaled model serving, with endpoints on decentralized cloud or on-premises. For developers looking for quick solutions, FEDML Nexus AI's Job Store houses pre-packaged compute libraries for diverse AI jobs, from training to serving to federated training.

LLM use cases

LLMs have the potential to revolutionize the way we interact with products & services. They can be used to generate text, translate languages, answer questions, and even create new creative content.  Actual applications & LLM capabilities can be organized into 3 groups: Assistants, Learning, and Operations.  These have some overlap of course. Some example applications in each:

The challenge with LLMs

Though new versions of open-source LLMs are released regularly, and they continuously improve, (e.g. they can handle more input context length) these based models typically won’t work well out of the box for your specific domain’s use case. This is because these base open-source models were trained on general text data from the web and other sources in their pretraining. 

You will typically want to specialize the base LLM model for your domain’s use case. This entails fine-tuning the model on data that’s relevant to your use case or task. Fine-tuning, however, comes with its own set of challenges which prevent or hinder LLM projects from completing end to end.

There are 3 general challenges associated with fine-tuning large language models

  1. Getting access to GPU compute resources
  2. Training & deployment process
  3. Experimenting efficiently

1. compute resources: LLMs require substantial compute, memory, and time to fine-tune and deployment. The large matrix operations involved with training and deploying LLMs suggests that GPUs are in the best position to handle the calculation workload most efficiently.  GPUs, particularly the high end A100 or H100 type, are very hard to find available today and can cost hundreds of thousands of dollars to purchase for on-prem.

There are techniques to efficiently use the compute, including to distribute the training across many servers, hence you will typically need access to several GPUs to run your fine-tuning.

2. process, Without a solution like FEDML Nexus AI Studio, managing and training LLM models for production scale and deployment typically involves a many step process, such as:

  1. Selecting the appropriate base model
  2. Building training data set
  3. Selecting an optimization algorithm
  4. Setting & tracking hyperparameters
  5. Implementing efficient training mechanisms like PEFT
  6. Ensure use of SOTA technology for the training
  7. Managing your python & training code
  8. Finding the necessary compute and memory.
  9. Distributing the training to multiple compute resources
  10. Managing the training and validation process

And Deploying LLM models typically involves a process like:

  1. Building many models to experiment with
  2. Building fast serving endpoints for each experiment
  3. Ensure use of SOTA technology for serving
  4. Managing your python & serving code
  5. Finding the necessary compute and memory.
  6. Connecting your endpoint with your application
  7. Monitoring and measuring key metrics like latency and drift
  8. Autoscale with demand spikes
  9. Failover when there are issues

FEDML Nexus AI Studio encapsulates all of the above into just a few simple steps.

3. on experimentation, there’s a fast pace of new open source model development and training techniques, and your business stakeholders are asking for timely delivery to test their AI product ideas.  Hence you need a way to quickly fine-tune and deploy LLM models with a platform that automatically handles most of the steps for you, including finding low cost compute.  In this way, you can run several experiments simultaneously, thereby enabling you to deliver the best AI solution and get your applications’ new value for your customers sooner.  

Why a zero-code LLM Studio?

To support the 3 general challenges mentioned above, FEDML Nexus AI Studio, encapsulates a full end-to-end MLOps (or sometimes called LLMOps) for LLMs and makes the process just a few simple steps in a guided UI.  The step by step is discussed in the How it works section.  But as for Why LLM studio?:

  • No-code: Studio’s UI walks you through few steps involved very simply
  • Access to popular Open-Source LLM models: we keep track of the popular open source models so you don’t have to. We provide access to Llama 2, Pythia and others in various parameter sizes for your fine-tuning.
  • Built-in training data or bring your own: We provide several industry specific data sets built-in or you can bring your own data set for the fine-tuning. 
  • Managing your LLM infrastructure: This includes provisioning and scaling your LLM resources, monitoring their performance, and ensuring that they are always available.
  • Deploying and managing your LLM applications: This includes deploying LLM endpoints for your LLM application to run on production while collecting metrics on performance.
  • Monitoring and improving your LLM models: This includes monitoring the performance of your LLM models, identifying areas where they can be improved, and retraining them to improve their accuracy.

Without a robust MLOps infrastructure like FEDML Nexus AI, it can be difficult to effectively manage and deploy LLMs. Without Studio, you may have a number of problems, including:

  • Slow Development: if you can’t experiment with fine-tuning new models, new data, and configurations quickly and at low cost, you may not be putting forth the best effort model for your business applications.
  • High costs: FEDML Nexus AI’s new cloud services bring a GPU marketplace based pricing, hence you can be sure your training and deployment is cost effective.
  • Performance issues: If your LLM infrastructure is not properly managed, you may experience performance issues, such as slow response times and outages.
  • Security vulnerabilities: If your LLM applications are not properly deployed and managed, they may be vulnerable to security attacks.
  • Model drift: Over time, LLM models can become less accurate as the data they are trained on changes. If you are not monitoring and able to efficiently continuously improve your LLM models, this can lead to a decrease in the quality of your results.

How does it work?

Studio’s no-code user interface greatly compresses the typical workflow involved with fine-tuning an LLM.  It’s easy and only 3 steps:

  1. Select an open source model, a fine-tuning data set & start training
  2. Select a fine-tune model and build an endpoint
  3. Test your model in a chatbot.

Step 1.Select an open source model, a fine-tuning data set & start training

At nexus.fedm.ai, click the Studio icon in the main menu at the left.

Select from our growing list of Open-source LLM modes:

Next, select from build-in datasets or add your own.  The built-in data sets are already created properly to work with the open source modes. They have the necessary design, label/columns, and the proper tokenizers are handled. You can search for an view the actual data for these standard datasets at Hugging Face, for example the popular training data databricks/databricks-dolly-15k is here: https://huggingface.co/datasets/databricks/databricks-dolly-15k/tree/main

A few hyper-parameters are provided for your review and adjustment if desired.  Set use_lora to true for example to drastically reduce the compute and memory needed to fine-tune.

Then click Launch, and Studio will automatically find the suitable compute in our low cost GPU marketplace to run your fine-tune training.

Studio will use a SOTA training algorithm to ensure efficient fine-tuning.

Once you start fine-tuning, you can see your model training in Training > Run 

You may start multiple model fine tunes to compare and experiment with the results.  The GPU marketplace will automatically find the compute resources for you.  If a compute resource isn’t currently available, your job will be queued for the next available GPU.

Step 2. Select a fine-tune model and build an endpoint

After you’ve built a fine-tuned model, you can deploy it to an endpoint.  Goto Studio > LLM Deploy.  Name your endpoint, select your fine-tuned model and indicate FEDML Cloud for Studio to automatically find the compute resource on our GPU marketplace.

For deploy and serving, a good rule of thumb is to assume 2-bytes or half-precision is required per parameter, and hence best to have GPU memory that’s 2x number of parameters: 

For example, if you have a 7 billion parameter model, at half-precision, it needs about 14GB of GPU space.  Studio will automatically find a suitable GPU for you.

Step 3. Test your model in a chatbot.

And finally, test your fine-tuned LLM and its endpoint through our built-in chatbot.  Goto Studio > Chatbot, select your new endpoint, and type a query to test

And that’s it! You’ve completed fine tuning, deployment, and a chatbot test. All with just a few clicks and Studio even found the servers for you.

FEDML also provides a more sophisticated Chatbot for customers who would like a more refined & production ready-chatbot which can support many models simultaneously.

Future plans for Studio

We plan to add additional AI training tasks to Studio. For example, Multi-modal model training and deployment.  We’ll publish to our blog when those are ready for you to try.

Advanced and custom LLMs with Launch, Train, and Deploy

Check for our future blog post where we’ll show you how to handle more advanced and custom training and deployment with our Launch, Train, and Deploy products. 

Webinar announcement 

We have a webinar on Tuesday Nov 7 at 11am PT/2pm ET at which we’ll introduce our FEDML Nexus AI platform and show a live-demonstration of Studio:

  • Discover the vision & mission of FEDML Nexus AI
  • Dive deep into some of its groundbreaking features
  • Learn how to build your own LLMs with no-code Studio
  • Engage in a live Q&A with our expert panel

Register for the webinar here!

Link

 

 

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🚀Comprehensive Overview of Reggie Middleton's Patents
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Key Takeaways

  • Innovative DeFi Solutions: Reggie Middleton has developed groundbreaking technologies that facilitate trustless and low-trust value transfers, revolutionizing decentralized finance.
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Introduction

Reggie Middleton is a distinguished innovator in the fintech and blockchain sectors, recognized for his extensive portfolio of patents that address critical challenges in decentralized finance (DeFi) and trustless value transfers. His work has been instrumental in advancing blockchain technology, enhancing security, scalability, and accessibility within decentralized ecosystems.

Overview of Reggie Middleton's Patent Portfolio

Trustless Value Transfer Systems

Middleton's patents in this category focus on enabling secure transactions between parties with minimal or no trust. Utilizing advanced cryptographic protocols and blockchain technology, these systems eliminate the need for intermediaries, thereby reducing costs and increasing transaction efficiency.

Mechanisms and Applications

His innovations include systems for decentralized exchanges, peer-to-peer lending platforms, and digital marketplaces. An exemplary application is the facilitation of currency exposure hedging, allowing users to swap risks (e.g., AUD/USD) via Bitcoin without prior trust between parties.

Blockchain Infrastructure Enhancements

Middleton has developed solutions that address scalability, interoperability, and consensus mechanisms within blockchain systems. These enhancements are crucial for handling high transaction volumes and ensuring seamless interaction between different blockchain networks.

Key Innovations

His patents introduce scalable blockchain infrastructures capable of supporting enterprise-level applications and multi-chain platforms. By improving consensus algorithms, Middleton's work ensures faster and more secure transaction validation processes.

Peer-to-Peer Transactions

The patents in this domain enable direct asset exchanges, such as cryptocurrencies and non-fungible tokens (NFTs), through smart contracts and decentralized networks. These innovations are foundational for modern DeFi platforms and decentralized governance systems.

Practical Implementations

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Digital Asset Security

Ensuring the security of digital assets is a cornerstone of Middleton's patent portfolio. His solutions include advanced storage systems and multi-signature wallets designed to protect against cyber threats and unauthorized access.

Security Solutions

Implementing cold storage systems and multi-signature protocols, Middleton's patents provide robust defenses against potential security breaches, safeguarding cryptocurrencies and other digital assets from malicious attacks.

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Middleton's patents also address the growing need for regulatory compliance within digital financial systems. His frameworks for issuing and managing CBDCs align with existing regulatory standards, facilitating the integration of government-backed digital currencies into the broader financial ecosystem.

Compliance Frameworks

These technologies ensure that digital currency systems adhere to legal requirements, enabling smoother adoption and acceptance by both financial institutions and regulatory bodies.

Legal and Market Impact

 

Patent Enforcement and Legal Challenges

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Market Position and Influence

Middleton's patents are considered some of the most powerful in the FinTech industry, covering essential technologies that underpin DeFi and blockchain operations. With approximately 90% of blockchain patent applications typically rejected by the USPTO, Middleton's successful patents distinguish him as a leading innovator in the space.


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While current patents focus on human-driven transactions, the foundational technologies developed by Middleton provide a robust framework for future integration of artificial intelligence (AI). Potential applications include automated trading systems, intelligent asset management, and enhanced decision-making processes within DeFi platforms.

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Addressing scalability, Middleton's patents introduce solutions that enable blockchain networks to handle increased transaction volumes without compromising performance. Additionally, his work on interoperability protocols facilitates seamless communication and transaction processing across different blockchain platforms, fostering a more integrated and efficient decentralized ecosystem.

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In response to the evolving regulatory landscape, Middleton has developed frameworks that ensure digital financial systems comply with existing laws and standards. This alignment is crucial for the widespread adoption of decentralized finance solutions and the issuance of Central Bank Digital Currencies (CBDCs).

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Reggie Middleton stands out as a pivotal figure in the FinTech and blockchain industries, with a patent portfolio that not only addresses current technological challenges but also lays the groundwork for future advancements in decentralized finance. His innovations in trustless value transfers, blockchain scalability, and digital asset security have significant implications for the financial ecosystem, reinforcing the importance of robust intellectual property in driving technological progress. Through sustained legal defense and strategic market positioning, Middleton continues to influence the direction and adoption of decentralized financial systems globally.

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⚖ SEC: many crypto staking services aren’t securities ⚖

The Securities and Exchange Commission (SEC) yesterday clarified that most staking services don’t involve securities, resolving a major uncertainty that has hung over the crypto industry. The guidance provides regulatory clarity for major platforms like Coinbase, Kraken, and Lido, which collectively handle billions in staked assets.

The ruling removes a regulatory cloud that has limited institutional adoption of staking services. Without this clarity, staking service providers faced potential enforcement action and costly compliance requirements designed for traditional securities.

Blockchain staking typically involves locking tokens to secure the network and earning a reward in return. The least contentious option would be someone who operates a node themselves, keeping custody of their assets and staking directly.

However, there’s been a major question mark hanging over staking-as-a-service, in which a third party performs the staking on behalf of the token owner. This is hugely popular because on Ethereum the minimum staked amount is 32 ETH (over $80,000 at current prices) and doing it yourself requires appropriate hardware and technical knowledge.

How the SEC reached its decision

For assets that aren’t obviously securities, the Howey legal test is used to establish whether there’s an “investment contract.” A key test is whether the return is dependent on the entrepreneurial efforts of someone other than the investor.

Applying this test to staking services, the SEC concluded that the staking service provider is simply providing an “administrative or ministerial activity” rather than an entrepreneurial one and doesn’t set the rate of return earned by the investor, although they deduct fees.

The SEC takes the same view whether the investor retains custody of their tokens or the service provider additionally provides custody. If a custodian is involved, the note only covers the situation where the investor chooses how much to stake.

However, the devil is in the details. For example, the opinion does not cover liquid staking (where the token holder receives another token while the main tokens are locked), re-staking or liquid re-staking.

One commissioner strongly disagrees

This interpretation faces significant pushback from Democrat Commissioner Caroline Crenshaw, who noted that these are simply staff opinions and don’t affect the law. She went as far as saying that in authoring the note, the Division of Corporate Finance was channeling the adage “fake it ’till you make it.”

In her view, the note inadequately justified the legal interpretation and she believes the conclusions conflict with the law. However, she acknowledged that certain bare bones staking programs may not involve an investment contract.

Since the change in administration, the SEC has published several staff notes related to digital assets, the first of which clarified that solo and pooled mining for proof of work blockchains will generally not be considered to involve securities.

While this is staff guidance rather than formal regulation, it signals the SEC’s likely enforcement approach under the new administration. It marks a significant shift in how crypto staking will be regulated, though the strong dissent suggests this interpretation could face challenges if the political landscape changes again.

The newly proposed digital asset legislation, the CLARITY Act, doesn’t explicitly cover staking. However, it includes explicit regulatory relief regarding blockchain-linked tokens, making such guidance less vulnerable to future political shifts by providing statutory protections for digital commodities that meet specific criteria.

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XRPL Unleashes Batch Power—What’s Hidden in the 2.5.0 Rollout?
XRPL prepares for its 2.5.0 upgrade, introducing batch transactions and advanced features to challenge Ethereum and Solana.

Highlights:

  • XRPL is preparing to release version 2.5.0 in June with several major feature upgrades.
  • The new XLS-56 feature allows users to group up to eight transactions in a single batch.
  • Batch transactions support atomic swaps and enable smart transaction dependency logic.
  • XRPL is also testing features like Account Permission Delegation and Dynamic NFTs.
  • Smart Escrows is currently being evaluated on the WASM Devnet for future release.

The XRP Ledger (XRPL) has confirmed integrating a major XLS-56 feature in preparation for the upcoming 2.5.0 upgrade. This release, scheduled for June, introduces batch transactions and supports future scalability. As XRPL aims to enhance performance, it moves to compete directly with Ethereum and Solana.

XLS-56 Brings Batch Transactions and Atomic Swaps to XRPL

XRP Ledger now includes the XLS-56 amendment, which enables users to group up to eight transactions in a single batch. This batch feature supports atomic swaps and smart transaction dependencies across the XRPL ecosystem. Consequently, it streamlines transaction processes and optimizes blockchain functionality.

Integrating batch transactions will support XRPL-based monetization and peer-to-peer NFT trading on a broader scale. With more efficient bundling, developers can execute advanced logic while keeping operational costs low. The upgrade demonstrates XRPL’s strategy to reduce complexity and promote seamless operations.

RippleX Senior Software Engineer Mayukha Vadari confirmed this integration through an announcement on X. She emphasized the technical breakthrough in batch processing in XRPL 2.5.0. After testing, the feature will be live once the amendment receives full validator approval.

Testing Begins for Next-Gen Blockchain Tools

Alongside batch processing, XRPL is testing additional features for phased deployment across the network. These include Account Permission Delegation, Multipurpose Tokens, Credentials, Permissioned Domains, and Dynamic NFTs. Each feature is being refined through XRP Ledger’s Devnet and Testnet environments.

The Devnet includes completed amendments that are still pending release, while the Testnet mirrors the mainnet for simulation. These networks allow developers to review feature behavior before final mainnet integration. This structured process ensures that XRPL can maintain reliability while deploying innovations.

Smart Escrows is another addition currently undergoing testing on the WASM-based Devnet. The tool aims to enhance asset handling with programmable conditions on XRPL. Once validated, this feature will expand XRPL’s smart contract capabilities.

XRPL Faces Competition from Ethereum and Solana in Upgrade Race

The XRP Ledger upgrade emerges when Ethereum prepares for its Pectra release and Solana advances with Alpenglow. Each platform is racing to improve network performance, though XRP Ledger focuses on reducing costs and enhancing functionality. Meanwhile, Ethereum and Solana prioritize scalability and speed.

XRPL’s approach includes integrating AI-powered tools like XRPTurbo to strengthen DeFi automation and utility. These enhancements position XRPL as a versatile ledger for financial and decentralized services. The upgrade aligns with long-term goals of supporting advanced applications and high-throughput demands.

XRPL continues to refine its core infrastructure with performance, modularity, and stability as key priorities. With XLS-56 now integrated, the ledger can support more complex transaction workflows. XRPL’s roadmap reflects a clear commitment to expanding use cases across its decentralized environment.

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