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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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Bloomberg’s Caroline Hyde sits down with Qualcomm CEO Cristiano Amon as they eye expansions that could potentially net them $22 billion. And, crypto sees political success after backing candidates with a pro-digital currency stance. Plus, SpaceX’s next missions after completing its latest Starship rocket launch.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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