A new AI revolution is coming: Understanding Phi-3 and Small Language Models (SLMs)
Understanding Phi-3 and Small Language Models (SLMs)
Introduction to Small Language Models (SLMs)
Small Language Models (SLMs) represent a significant evolution in the field of artificial intelligence, particularly in natural language processing (NLP). Unlike their larger counterparts, Large Language Models (LLMs), which contain billions to trillions of parameters, SLMs are designed to be more compact, cost-effective and energy-efficient while still delivering substantial performance.
SLMs are particularly valuable for applications where computational resources are limited, such as on mobile devices or in real-time processing scenarios.
The Emergence of Phi-3
Microsoft’s Phi-3 family of models marks a new chapter in the development of SLMs. Launched in 2024, Phi-3 is specifically optimized for scenarios that require both efficiency and high performance. These…