🤖 Microsoft's New Phi-3.5 Models

Together with

In today's email

1. 🤔 Understand AI’s Risks and Opportunities

2. 🤖 Microsoft's New Phi-3.5 Models

3. 🚀 OpenAI Launches Fine-Tuning for GPT-4o

4. 🤯 Quick Takes

Read Time: 5 Minutes

Understand AI’s Risks and Opportunities

With the rapid growth of AI, it's crucial for businesses to understand both the risks and opportunities it presents. Discover how you can utilize AI to drive success while minimizing potential pitfalls.

In the MIT Artificial Intelligence: Implications for Business Strategy online short course you’ll gain:

• Practical knowledge and a foundational understanding of AI's current state

• The ability to identify and leverage AI opportunities for organizational growth

• A focus on the managerial rather than technical aspects of AI to prepare you for strategic decision making

LEARN MORE

In the Know​

Microsoft Expands AI Capabilities with New Phi-3.5 Models

Microsoft has unveiled three new models in its Phi-3.5 series, marking a significant expansion of its AI offerings beyond its partnership with OpenAI. These models cater to diverse AI tasks, providing developers with advanced tools for improved performance and efficiency.

Key Points

• Phi-3.5 Mini Instruct: A lightweight AI model with 3.82 billion parameters, optimized for fast reasoning in compute-constrained environments, suitable for tasks like code generation and logical problem solving.

• Phi-3.5 MoE (Mixture of Experts): With 42 billion parameters, this model excels in complex reasoning tasks, offering strong performance in code, math, and multilingual understanding while maintaining efficiency.

• Phi-3.5 Vision Instruct: This multimodal model integrates text and image processing, ideal for tasks like optical character recognition, image understanding, and video summarization.

• Open-Source Availability: All models are available under the MIT license on Hugging Face, allowing developers to use, modify, and distribute them without restrictions.

Microsoft’s release of the Phi-3.5 series demonstrates its commitment to advancing AI technology by offering powerful, open-source tools that enable developers to enhance their applications across various domains.

OpenAI Launches Fine-Tuning for GPT-4o

OpenAI has introduced fine-tuning for its GPT-4o model, allowing developers to enhance the performance and accuracy of their applications. Available to all developers on paid usage tiers, this feature enables customization with specific datasets to optimize the model's responses and follow complex, domain-specific instructions. OpenAI tested the feature with select partners, demonstrating its ability to adapt the model's output for specialized use cases. The company emphasized that fine-tuned models offer full control and ownership of business data, ensuring privacy and security in application development.

Quick Takes

• Story Raises $80M to Develop Blockchain-Based IP Tracking Platform: Startup Story has secured $80 million in funding led by Andreessen Horowitz to build a blockchain-based system that enables creators to track and monetize their intellectual property effectively. Aiming to create a more sustainable IP ecosystem, Story's platform will allow owners to set usage parameters and license their content seamlessly.

• SleekFlow Secures $7M to Expand Conversational AI in Social Commerce: SleekFlow, a social commerce platform focused on customer engagement in Asian markets, has raised an additional $7 million to enhance its AI capabilities and expand into Southeast Asia, the Middle East, and Europe. The funding highlights the growing importance of conversational AI in the rapidly expanding social commerce sector, which is projected to surpass $894 million in the Asia Pacific region by 2028.

That’s all for Today!

Advertise with Us

Want to reach an engaged audience of tech enthusiasts and AI professionals?

Our newsletter is read by thousands of dedicated subscribers who are passionate about the latest advancements in AI and technology. Contact us today to learn more.

What did you think of today’s newsletter?