Bite-Sized AI: Why Smaller Models Like Microsoft’s Phi-3 Are Big for Business

PYMNTS.com— Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. These lightweight, efficient models can tackle content creation and data analysis without the hefty computational requirements and costs associated with their larger counterparts, experts say, making AI more accessible and cost-effective for businesses. “Small language models have a lower probability of […]

Ars Technica—Microsoft’s Phi-3 shows the surprising power of small, locally run AI language models. Microsoft’s 3.8B parameter Phi-3 may rival GPT-3.5, signaling a new era of “small language models."

Neowin—Microsoft unveils Phi-3, its smallest AI model to run on smartphones. Microsoft has introduced an upgraded lineup of small AI models, Phi-3. The family includes Phi-3 Mini with 3.8 billion parameters, Phi-3 Small with 7 billion, and Phi-3 Medium with 14 billion.

Mashable—Microsoft launches Phi-3 Mini, a tiny AI model that packs a punch. Microsoft researchers have launched Phi-3 Mini a lightweight AI model capable of everyday tasks that can fit on your smartphone.