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docs: update README
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[](https://discord.gg/uJAeKSAGDy)
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**LocalAI** is a drop-in replacement REST API compatible with OpenAI for local CPU inferencing. It allows to run models locally or on-prem with consumer grade hardware, supporting multiple models families. Supports also GPT4ALL-J which is licensed under Apache 2.0.
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**LocalAI** is a drop-in replacement REST API compatible with OpenAI for local inferencing. It allows to run models locally or on-prem with consumer grade hardware, supporting multiple models families. For a list of the supported model families, see [the model compatibility table below](https://github.com/go-skynet/LocalAI#model-compatibility-table).
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- OpenAI compatible API
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- Supports multiple models
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