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Microsoft Released: 2024-05-21

Phi-3 Small

Model Specifications

Context Window 128k tokens
Parameters 7B
Pricing (Input) $0.20 / M tokens
Pricing (Output) $0.60 / M tokens

What is Phi-3 Small?

Phi-3 Small is a 7 billion parameter model in Microsoft’s Phi-3 family, released in May 2024. It utilizes a block-diagonal attention mechanism to speed up token generation.

Like its sibling models, it is trained on curated synthetic data and high-quality web sources, providing a balanced profile for mid-tier tasks.

Key Capabilities

  • Optimized attention: Block-diagonal attention reduces processing times.
  • MIT License: Open for commercial deployment.
  • Balanced profile: Strong reasoning relative to its footprint.

Ideal Use Cases

  • Local assistants: Powering coding and drafting assistants on work laptops.
  • Data extraction: Parsing specific fields from unstructured text.
  • API orchestration: Translating inputs to API routing commands.

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.