Meta eyes LLM dominance with new Llama 3 models

Facebook, Instagram, and WhatsApp parent Meta has released a new generation of its open source Llama large language model (LLM) in order to garner a bigger pie of the generative AI market by taking on all model providers, including OpenAI, Mistral, Anthropic, and Elon Musk’s xAI.

“This next generation of Llama demonstrates state-of-the-art performance on a wide range of industry benchmarks and offers new capabilities, including improved reasoning. We believe these are the best open source models of …

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