Microsoft is reportedly working on a new, in-house artificial intelligence (AI) model that is “far larger” than the other open source models it has trained. The new model, MAI-1, is expected to have about 500 billion parameters, Seeking Alpha reported Monday (May 6), citing a paywalled article by The Information. It aims to compete with models created by Google, OpenAI (in which Microsoft is an investor), Anthropic and others, according to the report. Reached by PYMNTS, a Microsoft spokesperson ...