Many people believe that Microsoft will eventually provide a version of Copilot that will run within Windows right on your PC. Microsoft may have just tipped its hand with a new AI model, or LLM, that is specifically designed to run on local devices. On Monday, Microsoft introduced “Phi-3-mini,” a 3.8-billion parameter language model that the company claims rivals the performance of the slightly older ChatGPT 3.5 and Mixtral 8x7B. The paper is titled “Phi-3 Technical Report: A Highly Capable Language Model Locally on Your Phone,” which is clear evidence that Microsoft now has an LLM that can r…