Do SLMs Better Fit Your Business Needs?
The only newsletter that will give you real world tools and a competitive advantage in a future of human-machine partnerships:
1. Hottest Topic in AI this Week 🔥
Stay up to date on the latest news in AI, so you can use every tool to your advantage
Go smaller with AI models?
Tech giants like Apple, Microsoft, Meta, and Google are shifting focus to small language models (SLMs) as businesses seek cost-effective AI solutions. These models, with fewer parameters than traditional large language models (LLMs), offer powerful capabilities while reducing costs and computing demands. SLMs can be customized for specific tasks and run locally on devices, appealing to privacy-conscious clients.
This approach addresses regulatory and cost concerns, making AI more accessible and versatile. As businesses increasingly adopt AI, SLMs present a practical alternative for specialized needs, ensuring efficient, scalable, and secure data handling and analysis.
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Artificial intelligence companies seek big profits from ‘small’ language models
IT leaders go small for purpose-built AI
2. Business of AI💰
Learn how to provide the most value for your business from AI
New insights on AI & data management
Despite being inundated with data, businesses still struggle to derive trusted insights. A study by Informatica reveals that a third of UK chief data officers lack a comprehensive understanding of their organization’s data. However, generative AI is poised to transform data management, democratizing access and enabling non-technical users to extract insights.
This shift will enhance productivity and decision-making across sectors, from sales to government services. Businesses must ensure data quality and invest in data literacy to fully harness AI's potential, thus enabling data-led strategies and maintaining a competitive edge in the evolving landscape.
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Benefits of Using AI in Data Management
Generative AI is the Future of Data Management
3. Leveraging Generative AI 🔨
Generative AI tools can advance you and your business
Mind-reading AI potential
Researchers at Radboud University in the Netherlands have achieved a groundbreaking advance in neuroscience and AI by reconstructing images from brain activity with unprecedented accuracy. Using an enhanced mind-reading AI system, the team produced the most accurate reconstructions yet, utilizing both fMRI data from human subjects and electrode recordings from macaque monkeys. T
his technology could revolutionize treatments for vision loss and improve communication for individuals with disabilities. The AI learns which brain regions to focus on, leading to precise image recreation. This development heralds significant future potential in medical and technological applications, enhancing human capabilities and interactions.
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Crazy new AI can read your mind to recreate what you’re looking at
4. Trust and Ethics of AI 😎
Long-term success is dependent on using AI ethically
Scaling AI with climate concerns
Google’s greenhouse gas emissions have surged by 48% over the past five years, primarily due to the energy demands of artificial intelligence, according to its 2024 annual environmental report. In 2023, emissions rose 13% year-on-year to 14.3 million tons of CO2e, threatening Google’s 2030 net-zero target. Increased electricity consumption by data centers and supply chain emissions are key contributors.
The report acknowledges that achieving climate goals will require technological breakthroughs, especially given AI's growing energy consumption. This challenge highlights the tension between advancing AI and meeting environmental targets.
Links:
Google’s emissions climb nearly 50% in five years due to AI energy demand
Big Tech is turning to nuclear power because it needs more energy for AI
5. This Week in Stories in AI
Stories in AI sits down with insiders to provide you with exclusive insight of the industry
Mini Suri, Co-founder and CEO of Velmeni, talks about why the intersection of AI and healthcare is so important, and how it is primed to change the lives of many people around the world.