UPDATE 1-Meta releases early versions of its Llama 3 AI model [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
NEW YORK, April 18 (Reuters) - Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users type prompts, as it races to catch up to generative AI market leader OpenAI. The models will be integrated into its virtual assistant Meta AI, which the company is pitching as the most sophisticated of its free-to-use peers, citing performance comparisons on subjects like reasoning, coding and creative writing against offerings from rivals including Alphabet's Google and French startup Mistral AI. The updated Meta AI assistant will be given more prominent billing within Meta's Facebook, Instagram, WhatsApp and Messenger apps as well as a new standalone website that positions it to compete more directly with Microsoft-backed OpenAI's breakout hit, ChatGPT. A landing page greeting visitors on that site prompts them to try having the assistant create a vacation packing list, play 1990s m
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