🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

IBM integrates Meta's Llama 3 AI models into Watsonx platform

EditorNatashya Angelica
Published 18/04/2024, 18:18
IBM
-

NEW YORK - International Business Machines Corp. (NYSE:IBM) has expanded its AI offerings by integrating Meta (NASDAQ:META)'s latest Llama 3 large language models into its Watsonx platform, the company announced today. This move adds to IBM 's existing portfolio of enterprise-ready models and aims to bolster innovation within various industries.

The integration of Llama 3 is part of IBM's ongoing collaboration with Meta, which began with the formation of the AI Alliance late last year. The alliance now boasts over 80 members, including stakeholders from diverse sectors such as industry, startups, academia, research, and government.

IBM has been working closely with enterprises to implement Llama models in their operations. One notable application was the development of a content engine for the Recording Academy, leveraging Llama 2 to generate digital content that aligns with the brand's voice and standards.

Meta's Llama 3 comes with pretrained and instruction fine-tuned language models, featuring 8 billion and 70 billion parameter counts. These models are designed to support a wide array of tasks such as summarization, classification, and question answering. The 8B model focuses on speed and compatibility with edge devices, while the 70B model is tailored for more complex applications like content creation and conversational AI.

According to Meta, internal testing has shown that Llama 3 outperforms its predecessor, Llama 2, and further enhancements are anticipated in the near future. These will include new capabilities, additional model sizes, and a research paper detailing Llama 3's advancements.

IBM also offers the Code Llama 34B model, which is specialized for code generation and translation tasks. With options for both SaaS and on-premises deployment, IBM aims to provide clients with the flexibility to scale AI applications using their data across a broader spectrum of enterprise scenarios.

Both IBM and Meta are committed to fostering a robust ecosystem for AI development, encouraging a community of builders and researchers to collaborate on open and responsible AI innovation. The Watsonx platform is currently available for exploration through a free trial, inviting AI developers to test and build with the new Llama 3 models.

IBM's statement regarding the future of its AI offerings indicates an ambitious direction but also notes that plans are subject to change. The company's broader mission is to assist clients worldwide in leveraging AI and hybrid cloud technologies to transform their operations efficiently and securely.

This announcement is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.