Llama 3 (Large Language Model Meta AI)

This model will power various generative AI assistants, and the same model will be used to power multiple products across Meta’s portfolio.

Llama 3, which is also the first version made available to the public, and it is an open-source model.

Llama 3, which will have a number of different models with different capabilities, different versatilities.

With Llama 3, the company is said to have fixed some of the drawbacks of the previous model along with the introduction of new functionalities.

Compared to Llama 2, Llama 3 is said to be a much bigger model, possibly with over 140 billion parameters, which makes it a more capable model, possibly with better reasoning.

LLaMA, an auto-regressive language model, is built on the transformer architecture. Like other prominent language models, LLaMA functions by taking a sequence of words as input and predicting the next word, recursively generating text.

Llama 3 is Meta's answer to OpenAI's GPT-4, Anthropic's Claude 3, Google's Gemini, and other LLMs

Meta itself has been tight-lipped regarding its Llama 3 plans, though most market analysts expect the company will undoubtedly ship Llama 3 as an open-source model.