Hugging Face released SmolLM2, a family of compact AI language models in 135M, 360M, and 1.7B parameter sizes. The largest outperforms Meta's LLaMA 1B on key benchmarks and is suitable for smartphones and edge devices. Trained on diverse datasets, it excels in chat capabilities and mathematical reasoning. The models support various text tasks and are available under an open license.

The release of SmolLM2 may enable mid-sized organizations to enhance their AI capabilities, providing more efficient solutions in customer service and data analysis, thus allowing them to compete more effectively with larger firms.

As AI technology continues to evolve, further updates to SmolLM2 are anticipated, which could lead to improved functionalities and applications, ensuring that mid-sized businesses can access cutting-edge tools at a manageable cost.