May 2, 2024, 5:26 p.m. | ODSC - Open Data Science

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Microsoft Unveils New Cost Effective AI Model — Phi-3

Microsoft announced on Tuesday the launch of Phi-3-mini, a new lightweight AI model aimed at providing cost-effective solutions for its users. According to Reuters, this release marks the first in a series of three small language models (SLMs) that the tech giant plans to unveil, signaling a strong commitment to a technology poised to transform global industries and workflows.

The Phi-3-mini is part of Microsoft’s broader strategy to cater to …

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