Writer has launched its new AI language model, Palmyra X 004, which seemingly excels in function calling and workflow execution for businesses. Michael Nuñez reports for VentureBeat that the model outperforms competitors like OpenAI, Anthropic, Google, and Meta by nearly 20% on Berkeley’s Tool Calling Leaderboard, achieving a score of 78.76%. Palmyra X 004 achieves this with only around 150 billion parameters and was trained for under $1 million. The model supports over 30 languages and can process text, images, and audio. Writer CTO Waseem Alshikh emphasizes the company’s focus on efficient and cost-effective AI solutions for enterprises. Palmyra X 004 offers various deployment options, including Writer’s API, cloud providers, and on-premises installations, to meet enterprise data privacy needs.