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AI News: Meta Introduces Llama-3, Touts It as Top Open Source AI Model

Meta launches Llama 3 AI model with enhanced capabilities, aiming to lead in global AI assistance and open-source innovation.
AI News: Meta Introduces Llama-3, Touts It as Top Open Source AI Model

Highlights

  • Meta's Llama 3 introduces AI with up to 70 billion parameters.
  • Llama 3 targets global expansion, launching in over 12 new markets.
  • Meta's Llama 3 trains on data seven times larger than Llama 2.

Meta Platforms has officially launched early versions of its new large language model, Llama 3, in a strategic move to solidify its position within the rapidly evolving AI landscape. This release contains two implementations that feature powerful computational abilities developed to improve Meta AI virtual assistant and being integrated into the major platforms such as Facebook, Instagram, WhatsApp, and Messenger.

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Meta Expansion and Integration of AI Capabilities

The early versions of Llama 3 have 8 billion and 70 billion parameters, respectively, and Meta claims they have outperformed in benchmarks for reasoning, coding, and creative writing, as well as others like Google and various startups.

These models are being integrated into the Meta AI to enable users to get more advanced and smooth digital assistance directly in the applications they use each day. Furthermore, new functionalities of the AI assistant are now being advertised on a separate website, which denotes the transition of the company to direct competition with theoretically more advanced solutions provided by such industry leaders as ChatGPT from OpenAI.

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Enhanced Functionalities and Global Rollout

In addition to the computational improvements, Llama 3 also brings enhancements in handling subtle language, an area where predecessors (e.g., Llama 2) struggled. These improvements are essential as Meta gets ready to launch its AI assistant in more than a dozen new international markets besides the U.S., including Australia, Canada, Singapore, Nigeria, and Pakistan. This move is an element of Meta’s wider plan to use its global platform reach to get advanced AI tools to a larger audience.

Chris Cox, Meta’s Chief Product Officer, highlighted the fact that combined text and image data addition to the training of Llama 3 is likely to enhance the utility of the assistant. In this manner, this approach is set to introduce additional improvements later this year, with the potential to reshape interactions with the devices such as Ray-Ban Meta smart glasses, as they will be capable of detecting objects and offering contextual information in real-time.

Data Use and Model Training Transparency

Although Meta has uncovered that Llama 3 was trained on a dataset seven times larger than its predecessor, the details of the data employed are rather vague. The company guarantees that no user data was used and used data sources, including public internet data and synthetic AI-generated data. This approach is a typical trend across the industry where mounting concerns about privacy and ethical data usage offset the huge data requirements for AI training.

The Llama 3 blueprints include gradual improvements to increase reasoning and multimodal abilities and the possibility of a version with over 400 billion parameters. Although the decision to release the largest model is still pending, Meta CEO Mark Zuckerberg has been positive about the model’s capacities and the company’s open-source approach.

Read Also: Kraken Expands US Presence With TradeStation Crypto Buyup

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Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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