<p>Microsoft on Tuesday announced a cost-effective, small language artificial intelligence model that can perform tasks such as content creation and create social media posts while using smaller amounts of data.</p><p>The company introduced an AI model called Phi-3-mini, which can outperform models twice its size across a variety of benchmarks that evaluate language, coding and math capabilities, it said in a statement.</p>.Generative AI arrives in the gene editing world of CRISPR.<p>Smaller AI models are designed to perform simpler tasks, making it easier for use by companies with limited resources, Microsoft said.</p><p>A business could use Phi-3 to summarize the main points of a long document, extract relevant insights and industry trends from market research reports, Microsoft added.</p><p>Phi-3-mini will be available immediately on Microsoft cloud service platform Azure's AI model catalog, machine learning model platform Hugging Face, and Ollama, a framework for running models on a local machine, the company said.</p><p>Last week, Microsoft invested $1.5 billion in UAE-based AI firm G42. It has also previously partnered with French startup Mistral AI to make their models available through its Azure cloud computing platform.</p>
<p>Microsoft on Tuesday announced a cost-effective, small language artificial intelligence model that can perform tasks such as content creation and create social media posts while using smaller amounts of data.</p><p>The company introduced an AI model called Phi-3-mini, which can outperform models twice its size across a variety of benchmarks that evaluate language, coding and math capabilities, it said in a statement.</p>.Generative AI arrives in the gene editing world of CRISPR.<p>Smaller AI models are designed to perform simpler tasks, making it easier for use by companies with limited resources, Microsoft said.</p><p>A business could use Phi-3 to summarize the main points of a long document, extract relevant insights and industry trends from market research reports, Microsoft added.</p><p>Phi-3-mini will be available immediately on Microsoft cloud service platform Azure's AI model catalog, machine learning model platform Hugging Face, and Ollama, a framework for running models on a local machine, the company said.</p><p>Last week, Microsoft invested $1.5 billion in UAE-based AI firm G42. It has also previously partnered with French startup Mistral AI to make their models available through its Azure cloud computing platform.</p>