Meta Platforms Inc, the parent company of Facebook, Instagram and WhatsApp, is releasing a new AI tool LLaMA, short for Large Language Model Meta AI, making it the latest tech giant to up its AI game in the weeks since language bot ChatGPT spiked global interest in AI-powered technologies.
In a Facebook post, Meta CEO Mark Zuckerberg said the company’s state-of-the-art model was designed to help researchers advance their work.
“Large language models have shown a lot of promise in generating text, having conversations, summarizing written material, and more complicated tasks like solving math theorems or predicting protein structures,” Zuckerberg said.
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“Meta is committed to this open model of research and we'll make our new model available to the AI research community.”
This makes LLaMA unlike AI tools such as ChatGPT and Microsoft’s Bing which are available for public use.
“To maintain integrity and prevent misuse, we are releasing our model under a non-commercial license focused on research use cases,” Facebook said in a blog post on its website.
“Access to the model will be granted on a case-by-case basis to academic researchers; those affiliated with organizations in government, civil society, and academia; and industry research laboratories around the world.”
Meta’s shares were down 1.7% following the announcement, compared to the tech-laded Nasdaq Composite slipping 2.1% on the back of hotter-than-expected inflation data released on Friday morning.
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