Meta's big, expensive AI bet hinges on giving its models away for free
Meta is spending big on artificial intelligence — only to offer its latest advanced AI models to the public for free.
Meta is spending big on artificial intelligence — only to offer its latest advanced AI models to the public for free.
The tech giant recently announced the rollout of Llama 3, the open-code large language model that underpins the Meta AI assistant tool now widely accessible on its flagship social media platforms. Meta aimed to “build the best open models that are on par with the best proprietary models available today,” it wrote in a blog post.
The model quickly drew acclaim from technologists — but not from investors.
Meta stock plummeted Wednesday after CEO Mark Zuckerberg touted a slew of money-losing projects on its first-quarter earnings call. Zuckerberg expressed confidence in investing even further in advanced open-source AI models.
“I’m very pleased with how Llama 3 has come together so far,” he said on the earnings call, adding, “I expect our models are just going to improve further from open-source contributions.”
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