Everyday AI Podcast – An AI and ChatGPT Podcast

EP 321: Meta Llama 405B and Llama 3.1 - What’s new and what you need to know

Jul 24, 2024
Meta has unveiled groundbreaking AI models: Llama 3.1 and the cutting-edge 405B. These advancements promise to reshape business landscapes with improved functionalities and user interfaces. The discussion highlights the competitive rivalry between Meta and OpenAI, focusing on pricing strategies and performance benchmarks. Accessibility takes center stage as open-source models democratize app development, while experts foresee a shift in roles due to AI models. Excitingly, new features like real-time typing are also explored, emphasizing enhanced user interactivity.
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INSIGHT

Open-Source Advantage

  • Meta's Llama models are open-source and free, unlike proprietary models.
  • This allows for downloading, building upon, and avoiding recurring fees.
INSIGHT

Llama 3.1 Benchmarks

  • Llama 3.1 achieves impressive benchmarks, scoring 88.6 on the MMLU.
  • This free model performs comparably to world experts across diverse subjects.
INSIGHT

Local Model Advantages and 8B Model

  • Open-source and downloadable models enable local operation, enhancing privacy and speed.
  • Llama's 8B model excels in benchmarks and has potential for on-device AI.
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