The artificial intelligence (AI) industry is a fast-moving space. Innovators, governments, and everyone in between currently have their attention fixed on the products and services that AI fuels.
AI can significantly improve business operations and our quality of life, but no revolutionary technology comes without risks that have the potential to cause harm.
Here are a few significant events that took place in AI this week:
Meta releases its largest AI model to date: Llama 3.1
On July 23, Meta (NASDAQ: META) unveiled Llama 3.1, the largest-ever open-source AI model. Three versions of Llama will be available, but the one getting the most attention is the largest version, which has 405 billion parameters (a reference to the overall size of the model and how …