Search icon
Download the all-new Republic app:
NIFTY 50 23,213.20 up stock 37.15 (0.16%)
NIFTY 100 23,839.25 up stock 68.65 (0.29%)
NIFTY 500 21,551.20 up stock 70.15 (0.33%)
NIFTY MIDCAP 50 15,038.40 up stock 68.30 (0.46%)
INDIA VIX 15.26 Down stock -0.21 (-1.37%)
NIFTY MIDCAP 150 19,955.40 up stock 72.05 (0.36%)
NIFTY SMALLCAP 50 8,288.10 up stock 58.80 (0.71%)
NIFTY BANK 48,751.70 up stock 22.55 (0.05%)
NIFTY AUTO 22,712.75 Down stock -120.30 (-0.53%)
NIFTY FMCG 55,549.85 Down stock -77.35 (-0.14%)
NIFTY IT 43,401.25 up stock 340.10 (0.79%)
NIFTY MEDIA 1,690.65 Down stock -23.25 (-1.36%)
NIFTY METAL 8,280.95 up stock 13.45 (0.16%)
NIFTY PHARMA 21,972.70 Down stock -231.20 (-1.04%)
NIFTY PRIVATE BANK 23,987.95 Down stock -4.15 (-0.02%)
NIFTY REALTY 920.85 up stock 12.65 (1.39%)
NIFTY OIL & GAS 10,630.85 up stock 6.80 (0.06%)
NIFTY COMMODITIES 7,902.90 up stock 58.40 (0.74%)
NIFTY ENERGY 33,821.20 up stock 253.45 (0.76%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)
NIFTY 50 23,213.20 up stock 37.15 (0.16%)
NIFTY 100 23,839.25 up stock 68.65 (0.29%)
NIFTY 500 21,551.20 up stock 70.15 (0.33%)
NIFTY MIDCAP 50 15,038.40 up stock 68.30 (0.46%)
INDIA VIX 15.26 Down stock -0.21 (-1.37%)
NIFTY MIDCAP 150 19,955.40 up stock 72.05 (0.36%)
NIFTY SMALLCAP 50 8,288.10 up stock 58.80 (0.71%)
NIFTY BANK 48,751.70 up stock 22.55 (0.05%)
NIFTY AUTO 22,712.75 Down stock -120.30 (-0.53%)
NIFTY FMCG 55,549.85 Down stock -77.35 (-0.14%)
NIFTY IT 43,401.25 up stock 340.10 (0.79%)
NIFTY MEDIA 1,690.65 Down stock -23.25 (-1.36%)
NIFTY METAL 8,280.95 up stock 13.45 (0.16%)
NIFTY PHARMA 21,972.70 Down stock -231.20 (-1.04%)
NIFTY PRIVATE BANK 23,987.95 Down stock -4.15 (-0.02%)
NIFTY REALTY 920.85 up stock 12.65 (1.39%)
NIFTY OIL & GAS 10,630.85 up stock 6.80 (0.06%)
NIFTY COMMODITIES 7,902.90 up stock 58.40 (0.74%)
NIFTY ENERGY 33,821.20 up stock 253.45 (0.76%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)

Published 14:59 IST, April 19th 2024

Meta releases earlier versions of open source AI model Llama 3

Meta has been openly releasing its Llama models for developers to use, potentially disrupting competitors' revenue models.

Reported by: Business Desk
Mark Zuckerberg | Image: Facebook

Meta Llama 3: Meta Platforms announced its latest advancements in the field of generative AI with the release of Llama 3, their newest large language model, along with a real-time image generator. The innovations, directed at rivalling market leader OpenAI, will be integrated into Meta's virtual assistant, Meta AI, which is positioned as a sophisticated offering in comparison to its competitors.

The updated Meta AI assistant will receive more important placement within Meta's ecosystem, including Facebook, Instagram, WhatsApp, and Messenger apps, as well as a dedicated website. The move positions Meta to directly compete with OpenAI's ChatGPT, backed by Microsoft.

The new Meta AI functionalities, showcased on the standalone website, include generating vacation packing lists, playing trivia games, offering homework assistance, and creating art. Meta's push in generative AI involves major investment in computing infrastructure and the consolidation of research and product teams.

In a bid to democratise AI, Meta has been openly releasing its Llama models for developers to use, potentially disrupting competitors' revenue models. However, concerns have been raised regarding the safety implications of this strategy.

Llama 3 introduces enhanced capabilities, including computer coding and multimodal generation (text and images). Future versions will focus on advanced reasoning and planning abilities. The inclusion of image training data in Llama 3 will also benefit Meta's Ray-Ban smart glasses, allowing the assistant to identify objects and provide relevant information to users.

Meta's partnership with Google to incorporate real-time search results into the assistant's responses expands its capabilities. The update also extends Meta AI's availability to more international markets, although challenges remain in Europe due to stringent privacy regulations.

Mark Zuckerberg highlighted Meta AI's intelligence in comparison to other free models, underlining the performance of Llama 3 across various benchmarks. However, concerns persist regarding the performance gap between free and proprietary models, as well as issues with contextual understanding in previous versions.

Meta addressed some of these concerns by using high-quality data to train Llama 3, resulting in improved contextual understanding. Despite these advancements, challenges remain in the development and deployment of generative AI models, particularly regarding data quality and model performance.

(With Reuters inputs)

Updated 14:59 IST, April 19th 2024

LIVE TV

Republic TV is India's no.1 English news channel since its launch.

Search icon
Home
Live TV
Union Budget 2025
Markets
News
Companies
Economy
Auto
Money
Technology
Videos
Initiatives
Life
Web Stories
Opinion
Download the all-new Republic app: