Meta says its Llama AI models being used by banks, tech companies

Full Article
Meta says its Llama AI models being used by banks, tech companies

Meta's Llama AI models are being adopted by prominent companies like Goldman Sachs and AT&T for various business applications, including customer service and document review. Since their public release, these models have been downloaded nearly 350 million times, showcasing their growing popularity. The increase in usage through cloud services like Amazon Web Services and Microsoft Azure indicates a significant rise in demand for AI solutions.

Despite the impressive download numbers, challenges remain for Llama models, particularly in logical reasoning and factual accuracy. Meta's strategy of offering these models for free aims to position them as competitive alternatives to paid options from industry leaders like OpenAI. The involvement of large enterprises, such as Nomura Holdings and Accenture, highlights the potential of Llama models in enhancing business operations.

• Llama models downloaded nearly 350 million times since release.

• Major companies using Llama include Goldman Sachs and AT&T.

Key AI Terms Mentioned in this Article

Llama AI Models

These models are utilized by companies for tasks like customer service and document review.

Large Language Models

Llama models are categorized as large language models, showcasing capabilities in generating prose.

Cloud Computing

The usage of Llama models via cloud providers has significantly increased, indicating a shift towards cloud-based AI solutions.

Companies Mentioned in this Article

Meta

Meta's Llama models are part of its strategy to lead in AI development.

OpenAI

OpenAI's models are considered competitors to Meta's Llama models in the AI landscape.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 6month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 6month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 6month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 6month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics