<ul><li>LLMs, or large language models, are AI systems trained on extensive datasets and are proficient at multiple tasks.</li><li>Advantages of LLMs include handling a spectrum of tasks and quick adaptation to new information.</li><li>Challenges of LLMs include high resource requirements and less accessibility for smaller enterprises.</li><li>SLMs, or small language models, are tailored to specific industries or tasks and have advantages such as lower computational power requirements and high accuracy in specific tasks.</li></ul>

LLMs vs. Small Language Models: Choosing the Right AI for Your Business

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