PaLM 2 has just launched (May 2023) and is Google’s next-generation Large Language Model, built on Google’s Pathways AI architecture. PaLM 2 was trained on a massive dataset of text and code, and it can handle many different tasks and learn new ones quickly. It is seen as a direct competitor to OpenAI’s GPT-4 model. It excels at advanced reasoning tasks, including code and math, classification, question answering, translation and multilingual proficiency (100 languages), and natural language generation better than our previous state-of-the-art LLMs, including its predecessor PaLM.

PaLM 2 is the underlying model driving the PaLM API that can be accessed through Google’s Generative AI Studio. PaLM 2 has four submodels with different sizes. Bison is the best value in terms of capability and cost, and text-bison-001 can be fine-tuned to follow natural language instructions and is suitable for various language tasks such as classification, sentiment analysis, entity extraction, extractive question answering, summarization, re-writing text in a different style, and concept ideation.

If you want to see PaLM 2 capabilities, the simplest way to use it is through Google Bard (PaLM 2 is the technology that powers Google Bard).