All Updates

All Updates

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Partnerships
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Meta introduces Llama 3.1, its biggest open AI model yet
Foundation Models
Jul 23, 2024
This week:
Product updates
Hexagon unveils Advanced Compensation for metal 3D printing
Additive Manufacturing
Yesterday
Funding
Eden AI raises EUR 3 million in seed funding to accelerate product development
Generative AI Infrastructure
Nov 21, 2024
M&A
Wiz acquires Dazz to expand cloud security remediation capabilities
Next-gen Cybersecurity
Nov 21, 2024
Partnerships
Immutable partners with Altura to enhance Web3 game development and marketplace solutions
Web3 Ecosystem
Nov 21, 2024
Funding
OneCell Diagnostics raises USD 16 million in Series A funding to enhance cancer diagnostics
Precision Medicine
Nov 21, 2024
Partnerships
BioLineRx and Ayrmid partner to license and commercialize APHEXDA across multiple indications
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Product updates
SOPHiA GENETICS announces global launch of MSK-IMPACT powered with SOPHiA DDM
Precision Medicine
Nov 21, 2024
Product updates
Biofidelity launches Aspyre Clinical Test for lung cancer detection
Precision Medicine
Nov 21, 2024
Partnerships
Spendesk partners with Adyen to enhance SMB spend management with banking-as-a-service solution
Business Expense Management
Nov 21, 2024
M&A
Mews acquires Swedish RMS provider Atomize to enhance Hospitality Cloud platform
Travel Tech
Nov 21, 2024
Foundation Models

Foundation Models

Jul 23, 2024

Meta introduces Llama 3.1, its biggest open AI model yet

Partnerships
Product updates

  • Meta has launched Llama 3.1 405 billion, a large language model with 405 billion parameters, in public preview.

  • Llama 3.1 405 billion is reportedly capable of tasks like general knowledge, math, tool use, and multilingual translation across eight languages. It consists of three main elements: Loop components for real-time collaboration, Loop pages for organizing components, and Loop workspaces for shared editing.

  • The model will be available on cloud platforms, including Google Cloud, AWS , and Snowflake. It also partnered with Accenture to enable its customers to build custom LLM models with the new model.

  • Analyst QuickTake: Llama 3.1 405 billion is claimed to rival closed models like GPT-4, GPT-4o, and Claude 3.5 Sonnet on various tasks. This may be seen as a step forward in democratizing access to AI technology and enabling global collaboration and innovation.

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