Advantages Disadvantages
Customizable to fit your business needs. Meta trained Llama 3 on public data, which could lead to the creation of harmful content or potential copyright infringement.
Allows for the generation of text or images, particularly with the Imagine feature for quick image iteration. However, in tests, professional emails generated by Llama 3 were found to be vague compared to those created by ChatGPT with GPT-3.5.
Compatible with existing cloud providers. Like other generative AI models, training Llama 3 can be time-consuming and resource-intensive if customization is required.
While OpenAI is a well-known name in commercial generative AI, Meta has made a mark by open-sourcing powerful large language models. Meta unveiled its latest generative AI model, Llama 3, on April 18, surpassing GPT-4 in some standard AI benchmark assessments.
What Is Llama 3? Llama 3 is a large language model created by Meta that can generate AI, including chatbots capable of natural language responses. Use cases for Llama 3 include brainstorming, creative writing, coding, summarizing documents, and answering queries using the voice of a specific character or persona. Llama 3 has four variants with different parameters.
Llama 3’s generative capabilities can be accessed through a web browser or AI features in Meta’s platforms like Facebook, Instagram, WhatsApp, and Messenger. The model can be downloaded from Meta or via various enterprise cloud platforms.
Is Llama 3 Open Source? Yes, Llama 3 is open source, offering more transparency compared to competitors. Meta’s open-source approach has set it apart in the industry.
Is Llama 3 Free? Llama 3 is free to use under the license terms. It can be downloaded from Meta’s website or utilized through cloud hosting services that may have associated fees.
Future Plans for Llama 3 Meta plans to add multiple languages, expand the context window, and enhance the model’s capabilities. A 400B parameter model is in the works to further improve Llama 3.
Competitive Landscape Llama 3 competes with other large language models like GPT-4, GPT-3.5, and Mistral AI’s Mistral 7B. Organizations looking to implement generative AI should consider Llama 3’s availability and customization options.
In conclusion, Llama 3 offers customizable and open-source generative AI capabilities, making it a potential choice for businesses seeking a versatile and transparent AI model.
