30 min read
Trends
Dec 10, 2025·Conferbot Team
Small Language Models (SLMs) for Chatbots: Faster, Cheaper
Small language models deliver 85%+ of large language model performance at a fraction of the cost, with sub-100ms latency and the ability to run entirely on-premises or on-device. For industries like healthcare, finance, and government where data cannot leave the premises, SLMs such as Phi-3, Gemma, and Mistral Small provide a compelling path to AI-powered customer service without the privacy trade-offs.
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