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Microsoft Launches Smaller AI Model Phi-3

Tech giant Microsoft, on Tuesday, launched a novel smaller AI model called Ph-3-mini aimed at enhancing efficiency and accessibility in artificial intelligence applications.

The firm said Phi-3 models represent the pinnacle of small language models (SLMs), offering unparalleled capability and cost-effectiveness. They outperform comparable models in a range of language, reasoning, coding, and math benchmarks, Microsoft also said.

In April, the Windows owner demonstrated an unwavering commitment to advancing AI. Among Microsoft’s multiple initiatives towards AI’s growth includes the launch of an AI application called VASA-1, which is capable of generating lifelike talking faces of virtual characters using just still images or pictures. 

LinkedIn’s parent has made notable investments for the development of AI in 2024, like $1.5 billion in G42, $2.9 billion in Japan’s AI and cloud, and $100 billion in Open AI. 

Due to their compact size, Phi-3 models are suitable for use in computing-constrained inference environments, said Microsoft. Specifically, Phi-3-mini can operate on-device, particularly when enhanced with ONNX Runtime for compatibility across platforms.

Saif Naik, Head of Technology at ITCMAARS said, “Our goal with the Krishi Mitra copilot is to improve efficiency while maintaining the accuracy of a large language model.” 

Phi-3 is a family of large language models developed by Microsoft. It includes models like the Phi-3 mini that are compact yet powerful, and capable of running on edge devices. These models are instruction-tuned, meaning they’re trained to follow different types of instructions

To read more on Technology, head to the link.

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Dhivya Dharshini

Dhivya Dharshini is a Trainee Correspondent at Business Tabloid. She covers international news events across diverse business sectors, providing valuable insights to the target audience. She's highly passionate about content writing, learning new languages, psychological studies, and books that brings lights to novel perspectives.

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