Meta Debuts Llama 3, Latest AI Model for Training Chatbots [BNN Bloomberg (Canada)]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: BNN Bloomberg
effort to keep pace with similar technology from companies like OpenAI and Alphabet Inc.'s Google. Llama 3, unveiled Thursday, is an upgrade from an AI model that Meta released last summer. Chief Product Officer Chris Cox said that model, Llama 2, has been downloaded 170 billion times. Llama 2 was billed as open source, though its license included some restrictions such as requiring companies with more than 700 million users to ask for permission to use it. Meta, the world's largest social media company, is using Llama 3 to run its own in-app AI assistant, called MetaAI, which exists across several products, including Facebook, WhatsApp and Meta's Ray-Ban smart glasses. The MetaAI assistant will be updated for users on Thursday as well, the company said. Many major tech companies are racing to develop AI products and services, spending billions on high tech chips and employee resources to develop large language models and other AI-focused products. Meta is using AI to power its
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