loader image
[elementor-template id="8262"]
WSDWSDWSD

Meta releases the first variants of its new Llama-3 large language model

On Thursday, Meta released the first variants of its new Llama-3 large language model, including Llama-3 8b, which has been trained on a incredible 15 trillion tokens. After spending a full weekend with it, I’m in complete awe of what Meta has created. It’s a beast!

For starters, I’m able to run it on my Macbook M3 Max with 48 GB RAM. This is true of other compact LLMs as well, up to and including Mixtral 8x7b, but given that Llama-3 has “only” 8 bilion parameters, it’s lightning fast. The added bonus of being able to run it locally means I can access it anywhere at any time, without worrying about internet connectivity or throttling. Plus, my Mac shrugs it off – no fan noise, no battery drain.

Maybe the most interesting aspect of my weekend adventures is that I found LLama-3 to be superior to Chat GPT 4 when it comes to polishing emails and other business communications.

The vanilla version of Llama-3 is also the only compact LLM (and in fact the only model apart from Chat GPT 4 that I’m aware of) that can solve the logical problems I’ve presented to pretty much every LLM since October 2022:

1. The Sock Problem. Imagine being in a dark room with a box of black and white socks. How often do you need to reach into the box to guarantee a matching pair?

2. The Ball-and-Van Problem. A ball rolls onto a street, followed by a van approaching with a loud bang. After the van passes, there’s a sheet of plastic on the street. What happened?

The first problem tests reasoning, while the second tests real-world understanding, and the vanilla version of Llama-3 8b accurately solves both problems.

The instruct version doesn’t do as well on this particular task, but that’s just a case of horses for courses. What the instruct version does excel at is following instructions, which is, of course, key for companies like ours, which develop software that relies on LLMs for natural language understanding. I look forward to seeing these improvements getting incorporated into Melody, Mike, and our various other generative AI-based solutions.

What about other Llama-3 variants? I haven’t tested Llama-3 70b yet, but I hear good things about it. And Llama-3 400b appears to perform at levels comparable to Chat GPT 4. Further variants are expected to come out in the coming weeks and months, including versions with larger context sizes – the 8k context window of Llama-3 8b is the only disappointment in an otherwise hugely impressive release (Meta has indicated that it’s working on an update).

By the way: We’ve organized a few generative AI events, some in partnership with NVIDIA. At these events, we talk about AI generally, answer questions about what’s possible given the current state of the art, and give product demos using real-world applications. We’re currently in the process of planning further events in London, New York, and other cities. If you or your organization would like to receive an invitation, please let me know.

Related articles

SPi Europe Awards 2025: Shortlist Announced!

We are thrilled to announce the 2025 shortlist for the SPi Europe Awards. Congratulations to all the nominees! We look forward to celebrating your achievements at the event on May 12th in Milan. BEST DERIVATIVES HOUSE This award honors the top derivatives house for hedging structured products and equity derivatives. The winner excels in innovation, […]

The Impact of Generative AI

Article first published in 𝘍𝘪𝘯𝘢𝘯𝘻 𝘶𝘯𝘥 𝘞𝘪𝘳𝘵𝘴𝘤𝘩𝘢𝘧𝘵, February 7th 2025   The certificate industry is also being revolutionized by artificial intelligence. The Swiss certificate industry has always been a pioneer in automation. AI promises to push these boundaries even further, starting from an area in which it has already achieved its first major successes: software […]

Save the Date: SPi Europe 2025

We are pleased to announce the upcoming SPi Europe 2025, scheduled for Monday, May 12, 2025, at the distinguished Palazzo Mezzanotte in Milan, Italy. As the financial hub of Italy, Milan offers the perfect backdrop for discussions on the evolving landscape of structured products. Exploring the Future of Structured Products SPi Europe 2025 aims to […]
Sprechen Sie mit einem unserer Experten, um zu erfahren, wie wir Ihr Unternehmen auf die nächste Ebene bringen können.

Abonnieren Sie unseren Newsletter.






    Durch Anklicken von "Abonnieren" erklären Sie sich damit einverstanden, Newsletter, exklusive Einladungen zu personalisierten Veranstaltungen und sorgfältig ausgewählte Angebote von WSD per E-Mail zu erhalten. Sie können sich jederzeit abmelden.

    info@wsd.com

    +44 (0) 203 865 1787

    Level 3, 40 Bank Street, London, E14 5NR,
    United Kingdom

    At vero eos et accusamus et iusto odio digni goikussimos ducimus qui to bonfo blanditiis praese. Ntium voluum deleniti atque.

    Melbourne, Australia
    (Sat - Thursday)
    (10am - 05 pm)