Llama is the popular or informal name of an open-source AI model that Meta AI made public in 2023. It should be noted that the authors of the software have not developed the last version, Llama 3.1 was released in the recent past, particularly in July. Despite being a relative newcomer to the market within the year 2023, the growth of this development has been estimated to be tenfold. Meta has credited the success of Llama to the open-source route.
Llama 3.1 achieves 10x growth in 2024 compared to the previous year
As for some of Meta’s largest cloud service providers, the usage of Llama has increased by ten times from January to July 2024 in terms of monthly usage. There was a dramatic increase in the usage within 3 months after the release of Llama 3.1 Such models are also in high demand with 350 million downloads so far and 20 million downloads in the last month itself. This is just an organization that has been in existence for slightly over a year since the launch of this version and it has just been revolutionary across all its domains, thereby becoming a strong foundation for the developers.
The foundation model has grown from a single highly developed Llama to a complex system for developers. With Llama 3. 1, we now provide developers with a complete reference system to help in the building of their custom agents where the new set of security and safety tools are also incorporated for a more responsible development.
Is the partnership between major businesses the key to growth?
Llama founders have aligned with not only AWS and Azure but also with Databricks, Dell, Google Cloud, Groq, NVIDIA, IBM Watson, Scale AI, Snowflake, and others to comprehend and enable developers fully for their models. Early Access Program is 5x more developed in Llama 3.1 and they will do a better job to satisfy the increasing demands from partners. Many companies have also contacted Llama partners such as Wipro; Cerebras; and Lambda to be included among Llama partners in the future.
Many popular companies, such as Shopify, Doordash, Goldman Sachs, Zoom, as well as Accenture, are using the range of aspects of the Llama models