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  • Microsoft introduces Phi-3 small language models, with its 7B version outperforming Llama 3 8B

Apr 23, 2024

Microsoft introduces Phi-3 small language models, with its 7B version outperforming Llama 3 8B

Bay Area Times
Bay Area Times

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Top stories today:

  1. Microsoft introduces Phi-3, with 7B version outperforming Llama 3 8B
  2. Meta starts licensing Quest’s Horizon OS to 3rd-party headsets
  3. Tesla expected to report 1st sales drop since Covid at 5:30 PM ET
  4. Binance’s spot market share drops from 81% in 2023 to 55% in 2024

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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Microsoft introduces Phi-3 small language models, with its 7B version outperforming Llama 3 8B

Phi-3 Technical Report: A Highly Capable Language Model Locally on Your Phone.

  • Phi-3 3.8B available today, and the 7B and 14B versions expected soon.

  • Our view: open large and small language are competing head-to-head with closed ones, but still lag behind in multimodality.

    • Llama 3 400B may change this.

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3. Meta starts licensing Quest’s Horizon OS to 3rd-party headsets

Meta.

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