Update README.md

Author: grctest

README.md

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 # FastAPI-BitNet
 
+This project uses a combination of [Uvicorn](https://www.uvicorn.org/), [FastAPI](https://fastapi.tiangolo.com/) (Python) and [Docker](https://www.docker.com/) to provide a reliable REST API for testing [Microsoft's BitNet](https://github.com/microsoft/BitNet) out locally!
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+It supports running the inference framework, running BitNet model benchmarks and calculating BitNet model perplexity values.
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+It's offers the same functionality as the [Electron-BitNet](https://github.com/grctest/Electron-BitNet) project, however it does so through a REST API which devs/researchers can use to automate testing/benchmarking of 1-bit BitNet models!
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+## Setup instructions
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 Install Conda: https://anaconda.org/anaconda/conda
 
 Initialize the python environment: