Meta has joined fellow tech giants in the AI space by introducing LLaMA, its artificial intelligence language model.
CEO Mark Zuckerberg unveiled the AI product on Facebook and Instagram earlier today.
AI has been a hot space in the tech industry lately and has seen participation from industry giants like Microsoft and Google.
The announcement has sent crypto tokens related to artificial intelligence soaring.
Technology giant Meta has officially made its artificial intelligence debut with the introduction of Large Language Model Meta AI or LLaMA, its state-of-the-art foundational large language model (LLM) designed to aid researchers in advancing their work in this subfield of AI.
Meta’s LLaMA to rival Microsoft’s ChatGPT
According to a blog post by Meta, LLaMA will be made available in several sizes, which will include 7 billion, 13 billion, 33 billion, and 65 billion parameters. The firm claimed that smaller foundation models such as LLaMA will require comparatively less computing power and resources to test new approaches, explore new use cases, and validate others’ work.
“LLMs 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. Meta is committed to this open model of research and we’ll make our new model available to the AI research community.”
Meta CEO Mark Zuckerberg
With the launch of LLaMA, Meta has joined the likes of Microsoft and Google, who have aggressively pursued the artificial intelligence trend that started with the launch of OpenAI’s Chat GPT late last year. Microsoft invested a whopping $10 billion in OpenAI last month to extend its relationship with the firm and integrate ChatGPT in the Bing search engine. Earlier this month, Google announced its own AI service named Bard, which is powered by their Language Model for Dialogue Applications.
Mark Zuckerberg’s announcement sent crypto tokens related to artificial intelligence soaring. SingularityNET’s AGIX has surged more than 6% since the announcement of LLaMA. Fetch.ai’s FET was close behind, gaining more than 4.5%.