Alvin Wanjala writes: “A small language model (SLM) is a type of artificial intelligence model with fewer parameters. Like [the large language models that power applications like ChatGPT], SLMs can generate text and perform other tasks. However, SLMs use fewer datasets for training, have fewer parameters, and require less computational power to train and run. For most use cases, SLMs are better positioned to become the mainstream models used by companies and consumers to perform a wide variety of tasks.”