
Mark Zuckerberg-led Meta Platforms, Inc. (NASDAQ:META) has introduced Llama 3.3 70B, a new AI model that outperforms competitors like Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, OpenAI, and Amazon.com, Inc. (NASDAQ:AMZN).
What Happened: Announced on Friday, the model offers the performance of Meta’s largest Llama model, Llama 3.1 405B, but at a reduced cost.