October 20, 2024

Incider.AI

AI News & Insights

Microsoft launches Phi-3, its smallest AI model yet

1 min read

Microsoft launched the next version of its lightweight AI model Phi-3 Mini, the first of three small models the company plans to release. 

Phi-3 Mini measures 3.8 billion parameters and is trained on a data set that is smaller relative to large language models like GPT-4. It is now available on Azure, Hugging Face, and Ollama.

Microsoft plans to release Phi-3 Small (7B parameters) and Phi-3 Medium (14B parameters). Parameters refer to how many complex instructions a model can understand. 

Eric Boyd, corporate vice president of Microsoft Azure AI Platform, tells The Verge Phi-3 Mini is as capable as LLMs like GPT-3.5 “just in a smaller form factor.” 

Shaun’s take: Why is this so significant? Well, imagine having a fully capable LLM running on your iPhone, locally! Yes, they did this and it only consumed 1.8GB of storage space.

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Source: TheVerge.com