AI Advancements: SLMs Poised for Growth in GenAI Sector

Monday, 9 September 2024, 01:42

2022 has been pivotal for AI, with SLMs making strides in the GenAI business realm, according to DIGITIMES Research. The rise of ChatGPT has catalyzed the focus on generative AI technologies. This evolution signifies a broader shift within the tech industry towards leveraging AI capabilities for business growth.
LivaRava_Technology_Default_1.png
AI Advancements: SLMs Poised for Growth in GenAI Sector

2022: A Pivotal Year for AI and Business

2022 has witnessed significant growth in the realm of Artificial Intelligence, particularly with the emergence of ChatGPT as a key player. SLMs (Scalable Language Models) are increasingly recognized for their potential in creating business opportunities within the generative AI space.

SLMs and GenAI: A Business Opportunity

With research conducted by DIGITIMES, there is a clear trend indicating that SLMs are set to enhance their presence and influence over the business landscape:

  • Explosion of data usage driven by LLMs.
  • Increased funding for AI development projects.
  • Growing demand for training modules to refine SLM capabilities.

Future Directions for AI Businesses

As we delve deeper into 2023, the focus will be on leveraging insights from this transformation to drive further AI innovations. The impact of generative AI will likely ripple through various sectors, promoting enhanced business strategies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Subscribe to our newsletter for the most reliable and up-to-date tech news. Stay informed and elevate your tech expertise effortlessly.

Subscribe