A Microsoft launched, this Tuesday (23), a new version of artificial intelligence (AI) – aiming to attract a broader customer base with diverse economic options.
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The new model – called Phi-3-mini – is the first of three small language models (SLM) to be launched by the company – which is betting its future on a technology that should have a broad impact on the world and the way people work.
“Phi-3 is not a little cheaper, it is dramatically cheaper, we are talking about a 10x cost difference compared to the other models out there with similar capabilities,” said Sébastien Bubeck, vice president of GenAI research at Microsoft.
SLMs are designed to perform simpler tasks, making them easier for companies with limited resources to use, the company said.
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Phi-3-mini will be immediately available in the AI model catalog on Phi-XNUMX-mini's cloud services platform. Microsoft Azure, the Hugging Face machine learning model platform and Ollama, a framework for running models on a local machine, the company said.
Last week, the Microsoft invested $1,5 billion in UAE-based AI company G42. It has also previously partnered with French startup Mistral AI to make its models available through its Azure cloud computing platform.
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