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Microsoft Released: 2024-05-21

Phi-3 Medium

Model Specifications

Context Window 128k tokens
Parameters 14B
Pricing (Input) $0.50 / M tokens
Pricing (Output) $1.50 / M tokens

What is Phi-3 Medium?

Phi-3 Medium is a 14 billion parameter model developed by Microsoft, released in May 2024. It is part of Microsoft’s Small Language Model (SLM) family, trained on heavily filtered, high-quality datasets to maximize reasoning performance relative to parameter size.

It offers a 128k context window and is licensed under the MIT license, allowing for commercial use and local deployment.

Key Capabilities

  • SLM efficiency: High reasoning capacity relative to its 14B parameter count.
  • MIT License: Open for modification and hosting.
  • Long-context window: Supports up to 128k context window lengths.

Ideal Use Cases

  • On-premise deployments: Running models on local server hardware.
  • Code generation support: Writing and explaining scripts.
  • Document analysis: Summarizing PDFs and logs.

Historical figures, architectures, and capabilities are for informational purposes only. Not technical, professional, legal, or financial advice. Sources: Benchmark evaluations derived from public developer statements.