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New fine-tune is where you start a training run. Open it with the New fine-tune button in the top bar, with Start fine-tune on Home, with Fine-tune with these on a dataset, or with New version on a model. For the concepts behind it, see the Fine-tune a model guide.
Would you rather not do it step by step? The AI assistant on Home turns a spreadsheet or text into training data, picks the model, prices the run and prepares the fine-tune for you to confirm.
Valkyrie New fine-tune screen with numbered steps and a summary card

New fine-tune: four quick choices and a summary.

The four steps

1

What should it get better at?

Describe the task in your own words. This is marked Coming soon: the note is for you and your team and does not change training.Model decides where the result goes:
  • New model starts a model of its own, as v1. Its name is optional: left empty, it is named after its dataset. If you already have a model with that name, the form says so and offers to make this its next version instead.
  • New version of a model adds the next version to one of your models (for example Lead conversion · v3). It keeps the model’s name, and it can use different examples or another base model.
You can rename a model later.
2

Your examples

Pick a file from My datasets, or switch to Upload new to add one now.Test it on decides how the new version is tested against its base model: 10% or 20% of your examples, held back from training, or Don’t test. Testing needs at least 50 examples. See Test results.While you test, Checks and targets lists checks suggested from your examples. Tick the ones you want and give each a Target: the share of held-back answers that must pass, in percent. Leave the target empty for a check you only want measured. The version page shows each target met or missed, see Checks.
3

Base model

Under Ready to fine-tune, choose one of the models Valkyrie supports. Each card shows the model’s size and GPU memory, what it is good for, and the GPU it trains on. Models marked Tested have completed a fine-tune on Valkyrie.Each card also shows a typical run, such as About 15 to 40 min, $0.05 to $0.30 for 1,000 rows: the time and cost for 1,000 rows on the Standard recipe. Your own run’s estimate is in the Summary. If you opened New fine-tune from the AI assistant’s card, the model it picked shows Suggested: and the reason.Or switch to Any Hugging Face model to enter another model.
Valkyrie base model cards with size, GPU memory and Tested badges

Ready to fine-tune: size, memory, what each model is good for.

4

Recipe

Choose how much training to do:Tick Interruptible (cheaper bid box) to train on cheaper GPU time that can be taken back. Valkyrie bids just above the lowest accepted price, below the on-demand price. If the machine is taken back, the run resumes from its last saved checkpoint on a fresh machine, up to 3 times, and the steps since that checkpoint are trained again. The estimate and the wallet check still use on-demand prices. See Interruptible capacity.Open Advanced settings if you need to change the training settings yourself.

The summary and your wallet

The Summary card on the right shows your examples, base model, recipe, number of passes, and Capacity (On-demand or Interruptible), with an Estimate of how long the run takes and what it costs. The estimate is a range: it counts every row of your file, uses the training speed measured for the model, adds start-up time, and prices it at current GPU rates. It updates when you change the examples, model, or recipe. Models outside Ready to fine-tune have no estimate. Click Start fine-tune to begin.
Valkyrie New fine-tune summary with a time and cost estimate

The estimate: time and cost before you start.

Under the estimate, Balance after shows what your wallet would hold once the run is paid: what is left after the estimate’s high end, then after its low end (for example $37.60 to $41.20). Before a run with an estimate starts, Valkyrie checks that the wallet holds the estimate’s high end plus a 20% buffer. If it doesn’t, Start fine-tune is disabled and the summary says, for example:
Your balance of $4.10 doesn't cover this run. It needs $6.00: the estimate’s high end plus a 20% buffer.
Click Add funds next to it to top up, see Adding funds, or pick a smaller model or recipe. The same check runs when a fine-tune is started from the AI assistant, the API, or MCP. A run without an estimate (a model outside Ready to fine-tune, or a file whose rows can’t be counted) only needs a positive balance. If a spend limit would stop the run instead, the summary says that.
Billed per minute while training. Cancel any time.

While it trains

After you start, you land on the new version’s page under Models. It shows the training stages and live progress, and you can cancel the run from there.
The version page draws a Training loss chart as training logs its progress. See Training loss. Queued is waiting for a GPU. Initializing covers GPU start-up, model download, and dataset prep before the first training step. Running is active training, shown with live progress. Finalizing is the job saving and uploading its outputs after the last step. Time left starts from the estimate the run was given when it started, as a range such as “7m to 25m”, and counts down. Once training is underway, it switches to training’s own estimate, and Finishes around shows the time of day. If the run passes its estimate, it says Longer than estimated.

When it finishes

  • Completed: the version shows its training record, its test results and checks when it was tested, and outputs to download, plus a Deploy button. See Deploy a fine-tuned version.
  • Failed: the version explains what went wrong in plain language. Click Retry to run it again on fresh hardware, or Change settings and try again to adjust it first.