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Apple’s new AI model hints at how AI could come to the iPhone

Researchers from Apple released OpenELM, a series of four very small language models on the Hugging Face model library, on Wednesday.

High cost of training AI models limits participation in tech revolution – Report

According to the Artificial Intelligence Index Report 2024, while AI companies seldom reveal the expenses involved in training their models, it is widely believed that these costs run into millions of dollars and are rising.