Update README.md

README.md

@@ -12,10 +12,11 @@ license_link: https://choosealicense.com/licenses/apache-2.0/
 
 The provided OpenVINO™ IR model is compatible with:
 
-* OpenVINO version 2024.1.0 and higher
-* Optimum Intel 1.16.0 and higher
+* OpenVINO version 2024.2.0 and higher
+* Optimum Intel 1.18.0 and higher
+
+## Running Model Inference with [Optimum Intel](https://huggingface.co/docs/optimum/intel/index)
 
-## Running Model Inference
 
 1. Install packages required for using [Optimum Intel](https://huggingface.co/docs/optimum/intel/index) integration with the OpenVINO backend:
 
@@ -29,7 +30,7 @@ pip install optimum[openvino]
 from transformers import AutoTokenizer
 from optimum.intel.openvino import OVModelForCausalLM
 
-model_id = "OpenVINO/gpt-j-6b-fp16-ov"
+model_id = "OpenVINO/<model_name>"
 tokenizer = AutoTokenizer.from_pretrained(model_id)
 model = OVModelForCausalLM.from_pretrained(model_id)
 
@@ -42,9 +43,40 @@ print(text)
 
 For more examples and possible optimizations, refer to the [OpenVINO Large Language Model Inference Guide](https://docs.openvino.ai/2024/learn-openvino/llm_inference_guide.html).
 
+## Running Model Inference with [OpenVINO GenAI](https://github.com/openvinotoolkit/openvino.genai)
+
+1. Install packages required for using OpenVINO GenAI.
+```
+pip install openvino-genai huggingface_hub
+```
+
+2. Download model from HuggingFace Hub
+   
+```
+import huggingface_hub as hf_hub
+
+model_id = "OpenVINO/<model_name>"
+model_path = "<model_name>"
+
+hf_hub.snapshot_download(model_id, local_dir=model_path)
+
+```
+
+3. Run model inference:
+
+```
+import openvino_genai as ov_genai
+
+device = "CPU"
+pipe = ov_genai.LLMPipeline(model_path, device)
+print(pipe.generate("What is OpenVINO?"))
+```
+
+More GenAI usage examples can be found in OpenVINO GenAI library [docs](https://github.com/openvinotoolkit/openvino.genai/blob/master/src/README.md) and [samples](https://github.com/openvinotoolkit/openvino.genai?tab=readme-ov-file#openvino-genai-samples)
+
 ## Limitations
 
-Check the original model card for [limitations]().
+Check the original model card for [limitations](https://huggingface.co/EleutherAI/gpt-j-6b#limitations-and-biases).
 
 ## Legal information