Microsoft AI Research has open-sourced PromptWizard, an AI framework that optimizes prompts in black-box LLMs.PromptWizard uses a feedback-driven critique-and-synthesis mechanism to refine prompt instructions and in-context examples iteratively.The framework demonstrates effectiveness across 45 tasks, achieving high accuracy in zero-shot and one-shot scenarios.PromptWizard reduces token usage and API calls by up to 60 times compared to discrete methods, making it cost-efficient.