Microsoft made a new small AI helper called Phi-3 Mini that can do many things on phones and laptops. It is as good as other big AI helpers, but it takes up less space. Microsoft wants to make more small AI helpers in the future. Apple and Google are also making their own small AI helpers for phones. Read from source...

- The article title is misleading and sensationalized. It implies that Microsoft has created a new model that rivals or surpasses OpenAI's GPT-3.5, which is not the case. A more accurate title would be "Microsoft Launches New Compact AI Model With 3.8 Billion Parameters".

Bearish
Zinger Key Points:
1. Microsoft launches lightweight AI model Phi-3 Mini to compete with other small AI models like Google Gemini and Anthropic Claude 3 Haiku.
2. Phi-3 Mini is trained on a smaller dataset but performs as well as larger models like Meta's Llama 2 and OpenAI's GPT-3.5.
3. Microsoft plans to release two more models in the Phi-3 series, targeting lower capacity devices like smartphones.
4. Apple is still hashing out its own plans for licensing Google Gemini AI for iPhones.