Microsoft has just released Phi-3 Mini, the first in a trio of compact AI models, and it's already causing a stir in the tech world.
Despite its size, this little AI powerhouse boasts an impressive 3.8 billion parameters and is now available on Azure, Hugging Face, and Ollama.
Phi-3 Mini may be small, but it's mighty. Trained on a dataset smaller than those used by large language models like GPT-4, Phi-3 Mini is capable of providing responses akin to a model ten times its size. According to Eric Boyd, corporate vice president of Microsoft Azure AI Platform, Phi-3 Mini matches the capabilities of larger models, such as GPT-3.5, just in a more compact form.
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The beauty of smaller AI models like Phi-3 Mini lies in their affordability and performance on personal devices. They're perfect for tasks like document summarisation or coding assistance, making them a popular choice for developers.
The training process for Phi-3 Mini was inspired by how children learn from bedtime stories. Developers used a list of over 3,000 words and asked a Large Language Model (LLM) to create 'children's books' to teach Phi. The result? An AI model that's not only better at coding and reasoning but also more affordable and efficient.
While Phi-3 Mini may not be able to compete with the breadth of knowledge of a GPT-4 or another LLM, it's perfect for companies with smaller internal datasets. And with its reduced computing power requirements, it's a cost-effective choice for businesses looking to leverage AI technology.
So, while Phi-3 Mini may be small, it's set to make a big impact in the world of AI. Watch this space!
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