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Why is Llama 3.1 Such a Big deal?
Latest   Machine Learning

Why is Llama 3.1 Such a Big deal?

Last Updated on July 26, 2024 by Editorial Team

Author(s): Louis-François Bouchard

Originally published on Towards AI.

10 (+1) questions managers and leaders should know about Llama 3.1

Note: this post was written by 3 ML & AI engineers behind the High Learning Rate newsletter.

Good morning everyone!

As you probably already know, earlier this week, Meta released Llama 3.1, marking a significant milestone in AI, notably for its open-source nature and impressive capabilities (it is the first-ever SOTA open-source flagship LLM).

In this iteration, we wanted to cover this news a bit differently than all content we’ve seen online, focusing specifically on the types of questions managers and others in leadership roles may want or need to know.

So here it is… the 10 (+1) questions you need to know the answers:

1 β€” Why is Llama 3.1 such a big deal?

Llama 3.1 is a game-changing 405 billion parameter open-source AI model that supports multilingualism (fun fact, this was an emerging ability from large datasets and works with surprisingly little β€œother language” data!), coding, reasoning, and tool usage, matching or surpassing closed-source models like GPT-4 (0125) in various benchmarks. Its open-source nature democratizes access to cutting-edge AI technology (following the steps of GPT-2, GPT-Neo, GPT-J), enabling businesses and developers to leverage state-of-the-art language models without vendor lock-in, while its competitive performance and extensive functionality make it highly attractive for researchers and businesses… Read the full blog for free on Medium.

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