Small language models and open source are transforming AI [Video]

From cutting costs to boosting efficiency, lean AI is reshaping the business landscape and democratizing advanced technology for enterprises of all sizes.

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It seems to be common practice in the IT industry to use the word “lean” to describe processes that need to be more efficient and cost-effective. Generative AI is no exception. If you haven’t noticed, the systems that some enterprises want to run cost millions of operating dollars and require huge amounts of gigawatts from the grid. No wonder many enterprises ask AI architects to provide a more efficient or lean solution.

Naturally, enterprises look to public cloud providers to help them fast-track into generative AI. After all, public clouds offer complete ecosystems at the press of a dashboard button. Indeed, large cloud providers have seen revenue increases from this initial wave of spending on AI. However, countless enterprises have found that using the cloud can lead to higher operating …