TypeSafe AI, founded by former OpenAI researcher Diogo Almeida, launched Jev, a transformer-based model that outputs calibrated probabilities instead of text, making it fast, cheap, and non-hallucinating. Developers report using it to replace or augment LLMs in classification and workflow automation, with speed improvements of 5-18x and lower cost. For financial institutions, this introduces a new category of AI tool that could reduce inference costs and improve reliability for back-office automation.
304 other tracked developments touching the same claims.