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The article discusses the rise of small language models (SLMs) as a cost-effective alternative to large language models (LLMs) in AI development. Major tech companies like Microsoft, Google, and Meta are investing heavily in these models, which are tailored for specific tasks and require less computational power. Additionally, Geoffrey Hinton, a prominent AI figure, warns about the potential risks of AI, including the possibility of human extinction within 30 years.
The competition between Google's Gemini and OpenAI is intensifying, with both companies launching advanced AI models aimed at enhancing user experience. The Uttar Pradesh government plans to leverage AI technology for the upcoming Mahakumbh festival, utilizing AI-enabled cameras and mobile apps to manage the influx of millions of pilgrims. This integration of AI into various sectors highlights its growing importance and the need for responsible development.
• SLMs are gaining popularity for their cost-effectiveness and specific task capabilities.
• Geoffrey Hinton warns of AI's potential risks, including human extinction.
SLMs are designed for specific tasks, requiring less data and computational power.
LLMs process vast amounts of data to generate human-like text and responses.
Generative AI creates new content based on learned patterns from existing data.
Microsoft is developing the Phi family of SLMs to enhance AI accessibility and usability.
Google's Gemini AI is being positioned as a competitive alternative to OpenAI's offerings.
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