Models

Small Language Model (SLM)

A compact LLM (1B–15B parameters) tuned for cost, latency, and on-device deployment.

Small language models — Phi-3, Gemma, Llama 3 8B, Mistral 7B — deliver 70–90% of the quality of frontier models on well-scoped tasks at 10–100x lower cost. They are the practical foundation for high-volume enterprise inference.

The economics matter: at scale, an SLM running on your own GPUs can cost USD 0.01 per 1M tokens vs USD 5–15 for a frontier API. Over billions of tokens, that is the difference between a viable product and an unfundable one.

The design pattern is task specialization: use a frontier model to generate training data or handle escalations; use an SLM for the 95% of routine calls.

Key points

  • 10–100x cheaper than frontier models per token
  • Run on a single GPU or even CPU
  • Fine-tuning yields large gains on narrow tasks
  • Weakness: general reasoning and long context

Common use cases

High-volume classification and extraction
On-device assistants
Cost-sensitive batch processing
Latency-critical chat features

Frequently asked

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