Microsoft launches Phi-3, its smallest AI model yet
Briefly

Phi-3 Mini, part of Microsoft's new lightweight AI model series, measures 3.8 billion parameters, promising strong performance comparable to larger models like Llama 2.
Microsoft plans to follow Phi-3 Mini with Phi-3 Small (7B parameters) and Phi-3 Medium (14B parameters), ensuring a range of robust lightweight AI options for developers.
Small AI models like Phi-3 are cost-effective, efficient on personal devices, and competitive with larger models like GPT-3.5, making them appealing for various applications.
Microsoft's focus on lightweight AI models is echoed by competitors like Google's Gemma and Anthropic's Claude, each tailored for specific tasks, from chatbots to research paper summarization.
Read at The Verge
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