Meta Says its Llama AI Models Are Being Used by Banks, Tech Companies

Meta Says its Llama AI Models Are Being Used by Banks, Tech Companies



Meta’s Llama Synthetic Intelligence (AI) fashions are being utilized by firms together with Goldman Sachs and AT&T for enterprise capabilities like customer support, doc evaluate and laptop code era, the social media big stated in an announcement on Thursday.

The largely free-of-charge Llama fashions have been downloaded nearly 350 million instances since Meta started releasing them publicly final yr, a rise from the 300 million downloads the corporate introduced when it launched the largest model of its newest Llama 3 mannequin in late July.

Utilization by way of cloud suppliers like Amazon Web Services and Microsoft Azure has additionally elevated, greater than doubling between Could and July this yr, Meta stated.

The announcement comes as Meta and different tech firms plowing billions into AI have confronted questions from traders about how widespread adoption of the expertise seems to be and how much payoff they’ll count on for his or her spending.

Meta Chief Govt Mark Zuckerberg has argued that constructing state-of-the-art AI fashions and giving them away free of charge greatest positions the corporate to keep away from falling right into a place the place it’s constrained by a competitor’s closed expertise.

“The trail for Llama to change into the business customary is by being persistently aggressive, environment friendly, and open era after era,” Zuckerberg wrote final month.

Though giant language fashions like Llama have wowed customers with their capacity to generate human-like prose on command, they proceed to wrestle with sure logical duties and are susceptible to creating factual errors, limiting their adoption in enterprise contexts.

Nonetheless, Meta pointed to a handful of huge enterprises dabbling with the Llama fashions as each proof of their utility and as an endorsement of their competitiveness with paid options, like fashions from business chief OpenAI.

Different firms it stated have been utilizing Llama embody Japanese financial institution Nomura Holdings, meals supply service DoorDash {and professional} companies supplier Accenture.

© Thomson Reuters 2024

(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)





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