Last year while attending Febraban Tech 2024, a financial services industry event in LATAM, we were intrigued to learn that 96% of surveyed banks have artificial intelligence (AI) initiatives. We wondered–how many banks are actually taking advantage of AI initiatives? And, how can FSIs take advantage of what small language models have to offer? And, can these advantages apply beyond the world of financial services?What are small language models?A key aspect of an AI model is the quantity of parameters that are used to train a given model. When exploring models, you’ll find this number to b
Small language models: What are they and why should FSIs care?
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