Microsoft launches Phi-3 Mini AI model with 3.8B parameters
The Verge — April 23, 2024, 08:00 AM UTC
Summary: Microsoft launched Phi-3 Mini, a lightweight AI model with 3.8 billion parameters, trained on a smaller dataset. It outperforms its predecessor and can provide responses comparable to models 10 times its size. Microsoft plans to release Phi-3 Small (7B parameters) and Phi-3 Medium (14B parameters). Small AI models like Phi-3 are cost-effective and excel on personal devices. Competitors like Google and Meta also offer small AI models for specific tasks.
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