Mark Zuckerberg Says Meta's $405B Model Llama 3.1 Has Better Cost Performance Than OpenAI's ChatGPT: This Is An 'Inflection Point In The Industry'

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What Happened: During Meta’s second-quarter earnings call, Zuckerberg stated, “I think we are going to look back at Llama 3.1 as an inflection point in the industry where open-source AI started to become the industry standard, just like Linux is.” He went on to explain his bullish stance on open source, stating it enables faster innovation, creates shared prosperity, and is safer.“My view is that Open Source will be safer, will enable innovation that improves all of our lives faster, and we’ll also create more shared prosperity.”

See Also: Microsoft’s Windows Reportedly Warns Users To Backup Their Data In The Cloud To Have ‘Peace Of Mind’ — But At What Price?

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg on Wednesday said that his company’s $405 billion model, Llama 3.1, has “better cost performance” compared to leading closed models, possibly referring to OpenAI’s ChatGPT.

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: OpenAi Markets Llama 2.1 Benzinga neuro Llama 4 META Artificial intelligence Open source News Stories That Matter ChatGPT People In Tech Tech Consumer Tech Mark Zuckerberg Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 02:03:57 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21880273

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