Jargon-free explanation of Small Language Models (SLMs): efficient AI systems that perform language tasks effectively with fewer resources than Large Language Models (LLMs). They are designed for specific applications, promoting accessibility and local processing. Despite limitations in complexity handling, SLMs are gaining popularity due to their lower energy consumption and operational costs. Learn more about its key features, optimization methods, SLM vs LLM comparison, and small language model examples, including open source SLMs.