Microsoft innovated with a lightweight AI solution to build an even wider customer base by offering cost-effective options. Meanwhile, demand for natural gas will be huge due to AI and data centers.
Microsoft launched its lightweight AI model on Tuesday to build an even wider customer base through a cost-effective route.
The new Phi-3-mini is the first of three SLMs (small language models) that the company will release. The company expects technology to change the world and people’s work.
The Phi-3-mini is not only cheaper, specifically, the difference in cost is ten times greater when looking at other models with similar capabilities, said Sébastien Buceck, Microsoft’s vice president for GenAI research.
SLMs are designed for easier tasks, so even companies with small resources can easily use them. Phi-3-mini is immediately available in the Azure AI model catalog, as is the Hugging Face machine learning model platform and Ollama. Also on NVIDIA NIM as well.
Microsoft pours out AI investments and developments practically on a daily basis, last week it invested $1.5 billion in the United Arab Emirates-based AI company G42, but it also teamed up with France’s Mistral AI.
After all this, it is not surprising that the energy demand of AI and data centers may shoot up to unimaginable levels in the coming years, which will generate enormous demand and use also in relation to natural gas, according to a recent report this week.
