At the international gathering of alumni held at the National Institute of Technology (NIT) in Tiruchirappalli, India, Tata Group’s chairperson, N. Chandrasekaran, forecasted substantial investments into compact AI models that specialize in specific domains. He argued that these smaller models would be more pertinent compared to extensive language model systems.
Speaking to our esteemed alumni from NIT Trichy, Chandrasekaran emphasized that these compact AI models offer advantages such as improved energy efficiency, reduced costs, and faster outcomes.
As a researcher in 2023, I observed an unprecedented level of excitement surrounding Large Language Models (LLMs). It seemed like everyone was discussing them, and they had moved beyond being just a buzzword. In 2024, the potential for AI engines with multimodal capabilities is immense. I am optimistic that 2025 will mark a significant surge in investments in small language models.
He underscored the importance of smaller Language Learning Models (LLMs), as they are expected to make a greater difference compared to larger ones. This is because they consume less energy, are more cost-effective, and deliver quicker outcomes in specialized areas.
“I believe this will be a phenomenal year for AI,” he added.
According to a report in The Times Of India, I myself highlighted the international hurdles encountered during the shift towards green energy. I emphasized that the escalating global energy demands are primarily driven by the endeavor to reinvigorate industrial growth, as well as the growing reliance on artificial intelligence and data centers.
Additionally, he underscored the significance of cutting down on energy expenses and investigating energy solutions beyond solar and wind power, including Small Modular Reactors (SMRs).
He emphasized the critical need to reduce energy costs for overall economic growth.
According to him, the primary challenge for worldwide expansion and wealth is the expense of energy, which demands substantial funding and technological advancement in novel energy sources such as Small Modular Reactors (SMRs).
Significantly, Finance Minister Nirmala Sitharaman revealed plans for allowing private investment in the nuclear industry during the proposed budget for 2024-25.
She made clear that the government intends to work together with private businesses for the creation of Bharat Small Nuclear Reactors, while also funding the scientific exploration and innovation of Small Modular Reactors (SMRs).
Ultimately, Chandrasekaran asserted with confidence: “It seems that among all nations, India might be the one exceptionally suited to capitalize on and reap rewards from these three developments and shifts, given the present geopolitical situation.
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2025-01-05 20:52