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The Rise of Small Language Models to Cut AI Costs

For years, the likes of Google and OpenAI have been racing to build ever bigger and costlier AI models using a tremendous amount of online data – think chatbots like ChatGPT, which can handle a wide range of complex queries. But some startups are now betting on a different strategy: small language models, automating a…

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For years, the likes of Google and OpenAI have been racing to build ever bigger and costlier AI models using a tremendous amount of online data – think chatbots like ChatGPT, which can handle a wide range of complex queries. But some startups are now betting on a different strategy: small language models, automating a more limited set of day-to-day corporate tasks without requiring as much data. Bloomberg’s Rachel Metz joins Ed Ludlow to discuss on “Bloomberg Technology.”
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7 Comments

7 Comments

  1. @happyboss555

    August 8, 2024 at 4:51 pm

    First

    • @solar679

      August 8, 2024 at 5:23 pm

      second

    • @eealliance5997

      August 8, 2024 at 5:32 pm

      Is that an achievement? 😂😂

    • @sounder.london

      August 8, 2024 at 7:34 pm

      2018 called and wants it’s ‘first’ back.

  2. @aabeykindly2624

    August 8, 2024 at 6:07 pm

    Whether it’s a small or big payment plan, subscriptions will soon offer various options such as small, medium, standard, premium, and corporate models. And of course, there will be a disclaimer for any foolish responses. But let’s be real, these options are often just fluff, another way to drive up stock prices.😅 who cares let’s celebrate 🎉 🎉🎉

  3. @skyak4493

    August 8, 2024 at 7:28 pm

    I need that “tax prep” AI BOT.

  4. @skyak4493

    August 8, 2024 at 7:35 pm

    I am working on the ultimate AI chatbot. It is psychotherapy that costs the price of just one human visit but you get a decade of weekly sessions. And it can get you to blame your parents years faster than a human! There is a version parrents can buy for their kids to make them realize they are their own worst enemy -and don’t call their mother enough!

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Brazil’s Supreme Court ordered Elon Musk’s X to restore a block on its site in the country or face daily fines after the social media network managed to evade restrictions through a software update. Bloomberg’s Andrew Rosati joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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Apple has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies or eventually risk significant fines under its flagship digital antitrust rules. Bloomberg’s Gian Volpicelli joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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Zachary Hill, head of portfolio management at Horizon Investments, joins Caroline Hyde and Ed Ludlow to discuss the impact of the Federal Reserve’s rate cut on tech markets and why the firm still believes in an AI play in the long term. He speaks on “Bloomberg Technology.”
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