Meta to Release Next-Gen Llama 3 AI by Mid-2024, Pursuing Open Source for Democratized AI
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Meta plans to release Llama 3, the next generation of its open source large language models, likely by July 2024.
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Llama 3 will likely be open source with commercial use allowed, continuing Meta's commitment to democratizing AI.
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Meta is investing heavily in compute infrastructure to enable major performance gains with Llama 3 over Llama 2.
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Multimodal capabilities, able to process text, code, audio, images and video, are likely to be integrated into Llama models going forward.
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Meta aims to make Llama 3 competitive with leading proprietary models like OpenAI's GPT-4 in pursuit of artificial general intelligence.