MPT-7B, part of the MPT series by MosaicML, is a groundbreaking model trained on 1 trillion tokens of text and code. It's specifically designed for following short-form instructions, providing practical benefits to various industries. Thanks to its open-source nature, businesses and developers have the freedom to fine-tune and deploy this model for commercial use. It's optimized for fast training and can handle extremely long inputs, making it a versatile tool for many AI applications.