Summary
Meta plans to preview basic versions of its Llama 3 large language model (LLM) next week. The full multimodal Llama 3 model is set to launch this summer. Llama 3 is Meta's response to LLMs like OpenAI's GPT-4 and Google's Gemini. Despite Llama 2's success, Meta trails behind competitors. The company's heavy investment in AI and acquisition of numerous Nvidia H100 GPUs show its determination to compete in the AI market.