Founder Insights from Million-Dollar LLM Projects to the Rise of the RAG AI Strategy [Part 2]

Decoding complex information with the power of RAG technology and building your own private, internal ChatGPT to scale your productivity.

In today’s Deep Dive…

Hey there, this is Andrew from NineTwoThree Studio.

This is part 2 of 2 of our learnings from building million-dollar budget AI projects featuring an LLM for Fortune 500 and startup companies.

As in our previous edition, you’ll want to watch this special Caveminds Podcast episode and read this deep dive to 10X the impact.

Let’s dive in…

Read Online and listen to the audio version.

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DEEP DIVE OF THE WEEK

🖐️ Hold up — before getting into the weeds:

As we delve deeper into these concepts, you might find yourself wondering,

What does this mean for my business?

How can I practically apply these AI strategies?

Let's break it down. Imagine having a conversation with your data — asking complex questions and receiving precise answers instantly.

This is no longer the stuff of science fiction; it's a reality made possible by RAG.

And it's not just about data retrieval; it's about understanding the nuances of your customer's inquiries, the specifics of your inventory, or the intricacies of financial transactions with the precision of a subject matter expert.

Now, you may think, "That sounds great, but how can it be applied to my business?"

To answer that, we’ll shed some light on existing AI platforms that you can implement to harness RAG AI and transform your operations and team workflows.

So you can do it too. — You’ll find these examples in the last section of today’s edition.

But before we get into these applications, it's crucial to grasp what you need to know about leveraging these technologies for your business.

We'll guide you through the key points that will illuminate the path from understanding to action, from theoretical to practical, and from data to decisions.

By integrating RAG and vector embeddings, your business can leap forward in efficiency, accuracy, and customer satisfaction.

It's an investment in your company's future, one where informed decisions are made swiftly, and where customer interactions are not just transactions but engaging conversations.

Stay with us as we showcase the transformative potential of these technologies and how they can be the catalyst for your business's growth and innovation.

Storing The Knowledge Base Information as Embeddings with Vector Databases

Now that we have explained how the knowledge base functions, and how you can access it in part 1 of this post we need to explain how the information is stored for indexing later.

Encoding the documents to an embedding provides a mathematical representation of the context of the information. It will include the meta description and vector location.

But how can you index that later?

About Vector Embeddings

In essence, a vector is a numerical representation of data in a related context.

In the context of human language, these vectors capture the essence of words and the broader context in which they are used.

Consider the famous Muhammad Ali quote: “Float like a butterfly, sting like a bee.”

In machine language, this is not just a sentence, but a rich representation of concepts: lightness, agility, and the act of stinging.

All this context is meticulously stored within a single vector, allowing for nuanced understanding and interpretation.

But how do we understand associations with other concepts? That’s where semantic search comes in.

About Semantic Search

Human communication is inherently nuanced and context-dependent.

Take, for instance, a trip to the grocery store, where you describe a product as resembling a strawberry.

It’s red, and shares some traits with a blueberry. What are we trying to describe? A raspberry.

But we didn’t need keywords to get the answer.

Semantic search enables machines to understand these implicit associations, making interactions more natural and human-like.

Go ahead and watch Andrew explain this topic in simple terms:

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