Microsoft introduced Phi 1.5 – a compact AI model with multimodal capabilities, meaning it can process images as well as text. Despite being significantly smaller than OpenAI's GPT-4, with only 1.3 billion parameters, it demonstrates advanced features like those found in larger models. Phi 1.5 is open-source, emphasizing the trend towards efficient
Cohere introduced Embed v3, an advanced model for generating document embeddings, boasting top performance on a few benchmarks. It excels in matching document topics to queries and content quality, improving search applications and retrieval-augmentation generation (RAG) systems. The new version offers models with 1024 or 384 dimensions, supports o