Tech industry reports and developer surveys

Meta Launches Free, Open-Source Llama3 AI, Boosting Sector-Wide Innovation

May 7, 2024, 04:42 PM

Meta has launched Llama3, a new AI model that is free and open-source, aimed at democratizing access to advanced AI technologies. This initiative allows developers to utilize cutting-edge tools and resources to drive innovation. Companies like Fetch.ai have already integrated Llama3-8B into their platforms, citing its advancements in language understanding and reasoning as crucial for agentic AI applications. Additionally, the model has been applied in various sectors including education, business, and medical applications, showcasing its versatility and broad utility. Another variant, Llama3-TenyxChat-70B, has been noted for outperforming any version of GPT-4.