Is it the end of the Transformer Era?

Transformer models have been successful in various AI applications but struggle with long texts due to memory usage and processing speed limitations. This issue affects real-world applications like report analysis, contract review, and chat transcripts. Jamba, developed by AI21 Labs, offers a solution by using a sequential approach inspired by human comprehension and combining Transformer layers with Mamba layers and Mixture-of-Experts modules. Jamba's hybrid architecture allows for high throughput and reduced memory footprint when processing long contexts, making it more efficient and cost-effective than traditional dense models.