Meta Launches Llama 3.1 Impact Grants Offering $2M for AI Projects

August 06, 2024 at 8:32:45 AM

TL;DR Meta has launched the Llama 3.1 Impact Grants, offering over $2 million for AI projects utilizing its Llama 3.1 model. Grants of up to $500,000 per project will be awarded based on judges' evaluations. Meta will also host global events to provide technical guidance and mentorship, with additional awards of up to $100,000. The initiative aims to democratize AI development and support impactful, innovative applications of the technology.

Meta Launches Llama 3.1 Impact Grants Offering $2M for AI Projects

Meta has launched the Llama 3.1 Impact Grants, offering over $2 million for AI projects utilizing its Llama 3.1 model. Grants of up to $500,000 per project will be awarded based on judges' evaluations. Meta will also host global events to provide technical guidance and mentorship, with additional awards of up to $100,000. The initiative aims to democratize AI development and support impactful, innovative applications of the technology.

Encouraging Impactful Uses of AI

Applications are now open for the Llama 3.1 Impact Grants program, designed to support compelling uses of Meta's open source AI model for societal benefit. This builds on last year’s program, which focused on addressing critical global challenges in education, the environment, and open innovation.

Meta believes AI has the potential to significantly increase human productivity, creativity, and quality of life, while accelerating economic growth and progress in education, science, and innovation. Open source AI ensures that people everywhere can access these benefits and opportunities.

Llama 3.1 Impact Grants

Meta is seeking proposals that employ the new features and capabilities of Llama 3.1 for economically and socially impactful projects. Llama 3.1 supports multiple languages, including French, Hindi, Italian, Portuguese, Spanish, and Thai, and rivals top AI models in general knowledge, reasoning, math, tool use, and multilingual translation.

  • Total Awards: $2 million USD
  • Application Methods: Open call for applications and regional events series
  • Grant Amount: Up to $500,000 USD per project
  • Additional Awards: Up to $100,000 USD at regional events

Regional Events

Meta will host events worldwide to provide technical guidance and mentorship. These events will focus on themes relevant to local stakeholders, such as agriculture, business solutions, health tech, and cultural preservation. Attendees will be considered for specialized awards of up to $100,000 USD in addition to the open call awards.

Inaugural Llama Impact Grants

The inaugural Llama Impact Grants program supported innovative uses of Meta’s open source AI models, Llama 2 and Llama 3, to address global challenges. The program received over 800 applications from over 90 countries, with finalists and runners-up receiving mentorship and support. Projects ranged from AI-powered math teacher assistants to models closing the information gap in maternal healthcare.

Meta is inspired by the diverse projects developed with Llama and looks forward to seeing new innovations with Llama 3.1.

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