Meta's stock has dropped significantly following CEO Mark Zuckerberg's announcement of a high-cost strategy focusing on AI and mixed reality projects. Despite Meta's AI spending, other tech companies like Alphabet, Microsoft, and Snap are being rewarded for similar investments. Meta is offering its advanced AI models like Llama 3 for free, aiming to enhance training efficiency and provide tailored solutions. Llama 3 is seen as a cost-effective and high-performance alternative to other AI models, attracting interest from developers and enterprises.
The future of AI is open and local! LLama3 models have been downloaded over 1.2 million times, with developers sharing over 600 derivative models on Hugging Face. It's in the top 5 of MSYS Chatbot Arena Leaderboard.
Happening TODAY! "Meet Llama 3: Run Locally with More Power, Less Cost, Full Privacy" webinar! 😱 Improve performance, reduce costs, and ensure privacy for AI, machine learning, and deep learning projects. Register: https://t.co/azoAHsc9nK #LlamaIndex #SingleStore #database
“Llama 3 is direct replacement of OpenAI - more than 10x cheaper than GPT4 - with similar performance." Fun kicking around All Things AI w @bgurley & @sundeep. Catch Sunny weekly on @twistartups / @Jason. 💥 https://t.co/EUN15lICUN
🍎 Learn how Llama 3 can improve performance, reduce costs, and ensure privacy for AI, machine learning, and deep learning projects in our webinar TOMORROW! Register: https://t.co/azoAHsc9nK #LlamaIndex #devs #SingleStore #database
Thanks @Angela_Y_Yang for including me in a great article on Meta’s Llama 3 https://t.co/w22Az6mxzg ! It's an exciting time to be building in the AI space with foundations like @AIatMeta 's Llama 3 to tune & align to specific use cases, datasets, and settings.
Thank you Angela Yang for including us in this piece. Llama 3 is so exciting for AI and it's great to see the focus on enterprises having more options to maintain ownership of their own data, as well as the output of their work. Read the full story: https://t.co/HBvA1TMosY
Meta is spending big on artificial intelligence — only to offer its latest advanced AI models to the public for free. https://t.co/KBdbuWwAtl
🤖🇺🇸 Meta gambles big on AI openness! In a bold move, the tech giant is giving away advanced AI models like Llama 3 for free. A game-changer or a risky bet? Let's dive in. https://t.co/JZa2TAfpOa
🔥 Exciting news in AI! 20% enhancement in training efficiency for LLaMA3 8B and 70B! Colossal-AI offers tailored solutions for LLaMA3 models, significantly boosting training efficiency and setting new standards with exceptional performance. Check out the open-source project on…
Meta's stock sags under the weight of aggressive AI spending. https://t.co/wpls1uftMj
How to Run Llama 3 Locally? Let's Have a Look! #DL #AI #ML #DeepLearning #ArtificialIntelligence #MachineLearning #ComputerVision #AutonomousVehicles #NeuroMorphic #Robotics https://t.co/iLHp4Pojf0
Investors have pummeled Meta for its AI spending, but are rewarding Alphabet, Microsoft, and Snap for doing the same. Here's why. https://t.co/vcUZPfVhZi
Meta’s share price has fallen almost $200 billion in the wake of an announcement by Mark Zuckerberg. https://t.co/cLnyuWGDmI https://t.co/KMfp1qiRog
Meta's stock plunged after warning Wall Street it could take years for its big spending in AI to pay off. CEO Mark Zuckerberg sounded defensive about his high-cost strategy aimed at futuristic projects, including AI and mixed reality. https://t.co/CrbRj9vqMV