Update README.md

README.md

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 # Model Summary
 
-WIP
+> MolmoE-1B is a multimodal Mixture-of-Experts LLM with 1.5B active and 7.2B total parameters released in September 2024 (0924) based on [OLMoE-1B-7B-0924](https://huggingface.co/allenai/OLMoE-1B-7B-0924). It yields state-of-the-art performance among multimodal models with a similar size while being fully open-source.
+
+- **Paper:** WIP
+- **Code:** WIP
 
 # Use