Meta launches LLaMA model, a research tool more potent than OpenAI’s GPT-3

LLaMA (Large Language Model Meta AI): Mark Zuckerberg, co-founder of Facebook, announced Meta Platforms’ impending release to researchers of LLaMA, a new large language model (Large Language Model Meta AI). It’s raining chatbots! After OpenAI’s ChatGPT sparked a revolution, Google introduced its BARD and several others followed suit. The model, created by Meta’s Fundamental AI Research (FAIR) team, is meant to help scientists and engineers investigate AI applications and functions such as answering questions and summarising documents.

February 2023 Current Affairs Quiz

Notably: LLaMA, a set of foundation language models that range from 7B to 65B parameters. LLaMA-13B surpasses OpenAI’s GPT-3 (175B) while being over ten times smaller, and LLaMA-65B is comparable to DeepMind’s Chinchilla-70B and Google’s PaLM-540B.

The release of LLaMA comes as tech companies race to promote advances in AI techniques and integrate technology into their commercial products. As CNBC notes, Meta’s release differentiates from competitors’ models in that it will be available in a variety of sizes ranging from 7 billion to 65 billion parameters. Meta’s launch of LLaMA may mark a major development in AI language models. The social media giant’s commitment to open science and allowing researchers to study under a non-commercial license will limit the model’s misuse. LLaMA’s versatility and problem-solving potential may provide a glimpse of AI’s substantial potential benefits to billions of people at scale.

Important takeaways for all competitive exams:

• Meta Founded: February 2004;
• Meta CEO: Mark Zuckerberg (Jul 2004–);
• Meta Headquarters: Menlo Park, California, United States.

    Facebook parent company Meta Platforms, Inc. has officially changed its stock market ticker symbol to META from FB. The name change, first announced in October 2021, is effective on 9 June 2022.