🦙 Meta takes on ChatGPT

Welcome, Finance Aficionados!

The open-source AI community has a new champion in Llama 3.

With impressive capabilities, a colossal 400B+ parameter version on the horizon, and integrations across its social empire, Meta means business. Let’s get to it…

In today’s AI rundown:

Meta releases next-gen Llama

6 new AI tools & 4 new AI jobs

Read time: 4 minutes

LATEST DEVELOPMENTS

META
Meta releases next-gen Llama 3

The Rundown: Meta just introduced Llama 3, the next generation of its open-source LLM — with 8B and 70B parameter versions that surpass open-model competitors across a variety of evaluation benchmarks.

The details:

Meta’s tests show Llama 3 8B and 70B outperforming similarly-sized models like Google's Gemma, Mistral 7B, and Anthropic's Claude 3 Sonnet.

The models were trained on a dataset 7x larger than Llama 2, containing 15T tokens and 4x more code.

The largest 400B+ parameter version is expected to be released in the “coming months“ and competitive with GPT-4.

Llama 3 is embedded across platforms via the Meta AI assistant, available on Facebook, Instagram, WhatsApp, Messenger, and a new meta.ai website.

Why it matters: With impressive benchmarks and a behemoth model waiting to be released, Zuck’s master plan is taking shape. With the average human still having limited exposure to AI, Meta’s broad integrations freely delivered a top-tier AI model to over 3 billion people across its products.

NEW TOOLS & JOBS

Trending AI Tools

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  • SpeedLegal - Personal AI contract negotiator

  • ChatSlide - AII-in-one AI assistant for creating slides and videos from documents

  • CompliantChatGPT - AI assistant for HIPAA-compliant healthcare data management

  • Arena Chat - Boost sales with AI chat for your store

New AI Job Opportunities

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