iGenius Unveils Colosseum 355B: AI Model Revolutionizing Data Security in Regulated Industries
January 16, 2025
On January 16, 2025, Italian startup iGenius announced the release of Colosseum 355B, a large language model specifically designed for highly regulated industries.
The model employs FP8 precision for pre-training, significantly reducing memory usage and cutting inference costs by 50% without compromising accuracy.
Colosseum 355B utilizes the latest Nvidia technology to meet stringent data protection needs, ensuring that sensitive information remains secure.
Due to its size, Colosseum 355B can be run on-premises within an organization's firewall, allowing for proprietary hosting and full control over data.
iGenius differentiates itself from competitors like OpenAI by focusing on developing open-source AI models that companies can operate on their own infrastructure, ensuring data privacy.
CEO Uljan Sharka presented Colosseum 355B to the European Commission in Brussels, highlighting its capabilities for businesses in regulated sectors.
Sharka revealed that iGenius is currently in discussions with potential clients in financial services, heavy industries, and government sectors.
The model aims to provide businesses with confidence in data security, guaranteeing that data remains uncompromised.
Tight legislation and compliance requirements present significant barriers to the adoption of AI technology in these regulated sectors.
Development of Colosseum 355B was completed in just two months, resulting in a 355 billion-parameter model that supports over 50 languages.
Colosseum 355B was developed in collaboration with Nvidia Corp., utilizing the Nvidia AI Enterprise software platform and orchestrating over 3,000 Nvidia H100 GPUs.
The model is offered as an Nvidia NIM microservice and can be accessed via the Nvidia API catalog, ensuring secure deployment across various platforms.
Summary based on 4 sources
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Sources

Yahoo Finance • Jan 16, 2025
Italy's iGenius launches Nvidia-powered AI language model for highly regulated industries
U.S. News & World Report • Jan 16, 2025
Italy's IGenius Launches Nvidia-Powered AI Language Model for Highly Regulated Industries
SiliconANGLE • Jan 16, 2025
AI firm iGenius introduces Nvidia-powered LLM for highly regulated industries - SiliconANGLE