Microsoft unveils a small-language artificial intelligence model that can perform tasks like content creation and social media post-production with less data usage and at a lower cost.
Microsoft (MSFT.O) opened a new tab on Tuesday and unveiled a small-language artificial intelligence model that is affordable and uses less data to do activities like content generation and social media post creation.
The business released Phi-3-mini, an AI model that, according to a statement from the company, can surpass models twice its size on a range of benchmarks that assess arithmetic, coding, and language skills.
According to Microsoft, smaller AI models are made to complete easier tasks, which makes them easier for businesses with fewer resources to use.
Microsoft revealed that a company may use Phi-3 to condense a lengthy document into its essential elements and extract pertinent insights and industry trends from market research studies.
According to the business, Phi-3-mini will be made available right away on the machine learning model platform Hugging Face, the AI model catalog on Microsoft cloud service platform Azure, and Ollama, a framework for using models locally.
Microsoft gave the UAE-based AI startup G42 $1.5 billion last week. Additionally, in the past, it collaborated with the French startup Mistral AI to make their models accessible via the Azure cloud computing platform.
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