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Microsoft’s tiny new model that packs a serious punch

ALSO: AI-powered glasses, a unicorn, and more

Read time: under 4 minutes

Welcome back, Superhuman

Some like it big and bulky, others like it small and punchy. At least that’s what Microsoft is betting with its tiny but mighty new AI model called Phi-3-mini.

Today’s Insights

  • Microsoft’s tiny new model that packs a serious punch

  • Biotech company succeeds in editing human genome with AI

  • Prompt of the day

  • Chart: AI publications are on the rise

  • 5 new AI tools to boost your productivity

  • AI-Generated Images: Big City Life

NEWS

Today in AI & Tech

Source: Meta

  • New Vision: Meta announced its smart glasses now have multimodal AI – which can allow users to translate text and identify objects via the built-in camera.

  • Time is Ticking: The bill to ban TikTok in the US unless its owner, ByteDance, sells is headed to President Biden’s desk after it passed the Senate (and the House).

  • Unicorn Status: Perplexity AI, the San Francisco-based search engine startup, just raised $63 million at a $1B valuation.

  • Gold Coin: Block, Jack Dorsey’s company (formerly known as Square), is planning to develop a full Bitcoin mining system.

NEXT IN AI

Microsoft’s tiny new model that packs a serious punch

If larger AI models like GPT-4 and LLama 3 are the big expensive monster trucks of AI, Microsoft’s new Phi-3 is models are more like the small and affordable daily drivers for users and companies that aren’t looking to drive a Hummer to work.

Here’s what you need to know about Phi-3:

  • It comes in 3 sizes: Mini (3.8b), Small (7b), and Medium (14b).

  • The mini 3.8b version appears to beat Meta’s larger 7b Llama 3 model on several key benchmarks — an impressive achievement.

  • The model is so small that some early users were able to run it on their phones.

With AI models, smaller also usually means cheaper. And for companies and users on a budget who don’t need some of the frills that come packaged with larger models, Phi 3 may prove to be a tempting proposition.

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AI IN BIOTECH

Biotech company succeeds in editing human genome with AI

While generative AI tools like ChatGPT are handy for everyday tasks like generating emails and images, the technology is also playing a major role in advancing deep scientific research.

Profluent, a biotech firm which describes itself as an AI-first protein design company, just debuted what it claims is the world’s first open-source, AI-generated gene editor. The company says that the technology enables precision editing of the human genome with customizable gene editors designed from scratch with AI.

The technology enables researchers to create new cures for genetic diseases that are currently untreatable. Profluent claim they intend to partner with researchers and drug development companies to do just that.

The company also said that the technology is open-source and freely available to license for ethical research and commercial uses.

PROMPT OF THE DAY

Marketing Win

Prompt: Create an advertising campaign about [company, product, or service] targeting [target audience]. Include key messages and slogans and choose the best media channels for promotions.

You can adapt the prompt to your needs. For example, you can specify in what format you would like the campaign shared with you. You can even upload a previous version and ask the model to replicate the same one for you with the new company’s data.

Source: HubSpot

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CHART

The rise in AI publications

Source: Stanford’s 2024 AI Index Report

Between 2010 and 2022, the total number of AI publications nearly tripled, rising from approximately 88,000 in 2010 to more than 240,000 in 2022. The increase over the last year was a modest 1.1%.

PRODUCTIVITY

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AI GENERATED IMAGES

Life in the City

Source: @spiiralart on Midjourney

Prompt: twisting mainframe stylized humanoid female distorted into fragments of obliterated digital destruction swallowed by an infinite glitch of cybernetic coding of space and time standing in a crowded city street, on crisp uhd Kodak Portra 160 film with grey low contrast high black points with soft natural light and soft shadows with medium film grain and gritty realism

--style raw --ar 5:8 --stylize 60

 

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