New Advancements in GenAI are Warding Off an AI Winter

In this analyst piece, Isabel Al-Dhahir, Principal Analyst at GlobalData shares that while delivering on AI is not a straightforward endeavor, advancements in AI algorithms, continued diversification of revenue streams and the rise of SLMs will all see AI and particularly GenAI continue its growth through Q4 and into 2025.

Small Language Models Set for High Market Impact in 2025

As the initial hype surrounding GenAI continues to mellow, the market impact of small language models (SLMs) is set to soar. Benefitting from faster training times, lower carbon footprint, and improved security, SLMs could prove more attractive for enterprises compared to the LLMs that have thus far dominated headlines.