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Quick hits: March 2025

Italian AI firm Almawave has introduced Velvet, a multilingual generative AI model designed and developed entirely in Italy.

The Handelot Times Issue 54, March 2025 9 min read

Almawave unveils Velvet: italy’s innovative approach to AI

Italian AI firm Almawave has introduced Velvet, a multilingual generative AI model designed and developed entirely in Italy. The announcement was made at Auditorium della Tecnica in Rome, marking a significant step in Italy’s AI development.

Velvet is a large language model (LLM) capable of processing and generating complex text across six languages—Italian, English, French, German, Portuguese, and Spanish—with plans to expand into Swahili through a partnership with Tanzania’s Information & Communication Technologies Commission.

The models, Velvet 14B and Velvet 2B, were trained using the Leonardo supercomputer, operated by Cineca, and will be released as open-source starting January 30. Primarily aimed at business applications, these models stem from over 15 years of R&D, integrating AI across industries such as healthcare, finance, mobility, public administration, and security. According to Almawave CEO Valeria Sandei, Velvet was designed to be energy-efficient, adaptable, and fully compliant with European AI regulations. Unlike other AI models, Velvet focuses on linguistic diversity, ensuring strong support for Italian and other European languages through proprietary training techniques.

A major innovation in Velvet is Privacy Association Editing (PAE), an advanced feature that enables the removal of sensitive data without requiring model retraining—a key breakthrough in AI privacy management.

The rest of this article is in the magazine Continue in issue 54

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