Insiders Edit: Meta’s Massive New Model, Intel Powers Olympic Experiences
Llama 3.1 405B model challenges GPT-4 while remaining freely accessible | AI Business via Adobe Firefly

Insiders Edit: Meta’s Massive New Model, Intel Powers Olympic Experiences

The latest edition of Insider’s Edit is here! Take a deep dive into Llama 3.1 405B, Meta’s newest and largest AI model that aims to empower researchers.

Also inside, learn how Intel is powering fan experiences and athlete solutions at the 2024 Paris Olympics. Plus, the latest updates following the global IT outage.

Meta Unveils Largest Open-Source AI Model In History

Meta has unveiled Llama 3.1 405B, a giant 405 billion parameter model that stands as the largest open source AI system in history.

Meta only launched the Llama 3 line of models in April but has since been working on a mammoth version of the model that’s a whopping 400 billion parameters in size.

The company unveiled that giant model, which stands at 405 billion parameters, an enormous AI system that Meta described as “in a class of its own.”

Meta’s latest release offers a powerful underlying model for use cases including multilingual conversational agents or long-form text summarization, with a revised Stack API enabling users to implement it easily.

Meta said the new giant model will let the AI research community “unlock new workflows, such as synthetic data generation and model distillation.

Learn more about Llama 3.1 405B

5 Ways Intel’s 'AI Everywhere' Is Powering the 2024 Paris Olympics

David Ramos/Getty Images

Intel's AI hardware and software solutions will power immersive and inclusive experiences at the 2024 Paris Olympics.

During the Summer Games, AI applications powered by Intel processors and software solutions will demonstrate the potential of technology to benefit athletes, coaches and spectators.

Intel processors will power 8K resolution live streaming experiences, providing fans with low-latency, high-definition streams across the 32 sports.

The company will also provide AI-enabled software solutions to run immersive experiences at Olympic sites throughout the city.

Explore the technologies Intel will be providing to athletes and fans at the 2024 Olympic Games

Global IT Outage: CrowdStrike CEO Called Before Congress

Nathan Howard/Getty Images

CrowdStrike CEO George Kurtz has been called to testify before Congress regarding last week’s worldwide IT outage caused by the company’s software update.

Lawmakers on the House Subcommittee on Cybersecurity and Infrastructure Protection have written to Kurtz, calling on the executive to provide details about the incident.

Last week, CrowdStrike published an update to its security software, only for it to cause systems running on Microsoft Windows worldwide to glitch and completely crash .

The IT issue impacted flights across the globe with American Airlines, Delta and United all issuing ground stops early Friday morning due to communication issues. Delta struggled with getting its flights back in the air days after the event, with the company having to manually reset half of its entire IT system.

Read more about how the IT outage as it happened

Learn more about the CrowdStrike CEO’s congressional summon

Nvidia Developing China-Specific AI Chips to Comply With Export Rules

STRSTRSTR/AFP via Getty Images

Nvidia , the computing hardware designer and one of the world's most valuable companies, is reportedly developing AI chips specifically designed for the Chinese market to comply with U.S. export controls.?

The move comes as the company seeks to navigate restrictions on exporting high-powered AI chips to China while maintaining its presence in a crucial market.

Chipmakers are barred from exporting high-powered chips designed to handle AI workloads to China over national security fears.

Nvidia is reportedly working with local distributor Inspur to develop a version of its upcoming Blackwell chips designed for the Chinese market.

The B20 will reportedly start shipping in the second quarter of 2025.

Find out more about Nvidia’s new China chip

Energy Department Unveils Plan to Boost AI Research Capacity

Oak Ridge National Laboratory

The Department of Energy (DOE) has unveiled a road map for its FASST initiative, a $12 billion, five-year project to develop integrated scientific AI systems.?

FASST, which stands for Frontiers in Artificial Intelligence for Science, Security and Technology, aims to create a network of AI research clusters using DOE's computing infrastructure. The project will focus on advancing scientific discovery, energy solutions and national security applications.

The project would establish “the world's most powerful integrated scientific AI systems” focusing on AI projects across four main pillars: data, computing infrastructure and platforms, AI models and systems, and applications.

Read more about the FASST project

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