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The Rise of Small Language Models to Cut AI Costs

August 9, 2024
in AI & Technology
Reading Time: 1 min read
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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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