New updates to various AI models like LAMA 3.405B, 8B, and 70B are showing significant performance boosts. The improvements in smaller models like LAMA 3.405B and GPT-40 Mini are noteworthy, with leaked benchmarks suggesting LAMA 3.405B outperforms GPT-40 Mini. The competition has shifted towards smaller models, as highlighted by the comparison of LAMA 3.405B and GPT-4.0 Mini on the MMLU score and pricing.

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