Microsoft unveils Phi-3, its smallest AI model to run on smartphones

Microsoft has introduced the next iteration of its lightweight artificial intelligence (AI) model, called Phi-3. The updated family includes the 3.8-billion-parameter Phi-3 Mini, the 7-billion-parameter Phi-3 Small, and the 14-billion-parameter Phi-3 Medium. This release comes after the Phi-2 model, introduced in December 2023, was surpassed in performance by models such as Meta’s Llama-3 family. In the face of […]