Meta Platforms AI Ambitions Soar With Llama 3.1: An 'Inflection Point In The Industry'

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The model promises to be a game-changer, with Meta anticipating it will be an “inflection point in the industry toward open source models.” The open-source nature allows developers to run Llama 3.1 at around 50% of the cost compared to closed models like GPT-4o, a move that not only democratizes AI access but also challenges the giants in the space.

As Meta gears up for its earnings next week, all eyes are on its capex plans and AI trajectory.Llama 3.1: Meta’s Game-Changing Open Source Model

Meta’s bold move to launch Llama 3.1, “the largest open-source model,” marks a significant milestone.

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Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Analyst Color Analyst Ratings Expert Ideas Open source Stories That Matter Trading Ideas Tech Long Ideas Artificial intelligence Top Stories Benzinga AI META Llama 3.1

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 12:44:37 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 21772780

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