🤖 Tech Stocks Daily - April 23, 2024 🤖
Microsoft has launched Phi-3-mini, a cost-effective AI model aimed at making artificial intelligence accessible to a wider range of businesses, including small and medium enterprises. This model, optimized for simpler tasks, offers a 10x cost reduction compared to similar capabilities, democratizing the use of AI technology. Part of Microsoft's extensive commitment to AI, Phi-3-mini fits into a larger strategy that includes significant investments, partnerships, and the integration of AI and cloud technologies to transform industries globally. Microsoft’s moves, including collaborations with firms like Hexagon and Opkalla, further solidify its position as a leader in the AI and cloud revolution.
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