Microsoft Rattles OpenAI With New AI Model That's 'As Capable As' GPT-3.5, While Apple Is Still Hashing Out Its Google Gemini Plans For iPhones
Portfolio Pulse from Rounak Jain
Microsoft Corp. has introduced Phi-3 Mini, a new AI model with 3.8 billion parameters, marking it as the smallest yet in its Phi series, and comparable in capability to OpenAI's GPT-3.5. The model, designed for lower capacity devices, is now available on Azure, Hugging Face, and Ollama. This release is part of Microsoft's strategy to develop lightweight AI models suitable for personal devices. Meanwhile, Apple Inc. is in the process of negotiating the licensing of Alphabet Inc.'s Google Gemini AI for iPhones.
April 23, 2024 | 10:07 am
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Apple's ongoing negotiations to license Google Gemini AI for iPhones could enhance its competitive edge in the smartphone market by integrating advanced AI capabilities.
Apple's potential licensing of Google Gemini AI signifies its commitment to integrating advanced AI into its products. This move could make iPhones more appealing to consumers seeking smart devices with powerful AI features, possibly leading to a positive impact on AAPL stock.
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Alphabet Inc.'s negotiations with Apple to license the Google Gemini AI for iPhones could open new revenue streams and strengthen its position in the AI market.
The licensing discussions between Alphabet and Apple regarding Google Gemini AI could not only provide Alphabet with new revenue opportunities but also affirm its AI technology's value and versatility. A successful deal could positively influence Alphabet's market standing and GOOGL stock.
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Microsoft's launch of the Phi-3 Mini AI model, comparable to OpenAI's GPT-3.5, positions it strongly in the lightweight AI market, potentially boosting its Azure platform's appeal.
The introduction of Phi-3 Mini by Microsoft, with its high capability and focus on personal devices, aligns with the growing demand for efficient, lightweight AI models. This strategic move could attract more users to Microsoft's Azure platform, positively impacting MSFT stock in the short term.
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