🔥 Meta's open-source ChatGPT Killer!

Also: Tesla's Humanoid Robot Venture

Author

Evolving AI
July 24, 2024

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Welcome, AI enthusiasts

Meta has unveiled Llama 3.1, an open-source AI model that challenges the capabilities of even the most elite closed models. Meanwhile, Tesla is gearing up to revolutionize its factories with the introduction of humanoid robots, while Shanghai Tech University has launched CLAY, a cutting-edge AI model that transforms text and images into detailed 3D objects, opening new horizons in 3D content creation. Let’s dive in!

In today’s insights:

  • Meta's new open AI Model is Here and it beats GPT-4o

  • Tesla's Humanoid Robot Venture

  • Creating 3D Objects from Text and Images

Read time: 3 minutes

🗞️ LATEST DEVELOPMENTS

Evolving AI: Meta has released the largest model in its open-source Llama language model series to date: Llama 3.1 405B.

Key Points:

  • Meta's Llama 3.1 405B surpasses GPT-4o in benchmarks.

  • Expanded support for eight languages and 128,000-token context length.

  • New security tools and commercial use licensing introduced.

Details:

Meta has launched Llama 3.1 405B, the largest model in its open-source Llama series, with 405 billion parameters. The Llama 3.1 family now supports eight languages and features a 128,000-token context length, significantly improving from its predecessors. In common benchmarks, Llama 3.1 405B outperforms GPT-4o and an earlier version of GPT-4 in both English-language tasks and multilingual tasks, rivaling Anthropic's Claude 3.5 Sonnet. The smaller models in the 3.1 series, with 70 and 8 billion parameters, also demonstrate strong performance against comparable models. Meta's introduction of security tools like Llama Guard 3, Prompt Guard, and CyberSecEval 3 further enhance the model's reliability and safety. The release is accompanied by code and weights, allowing for commercial use under specific conditions. Meta aims to build a robust AI ecosystem, driving innovation and collaboration in the field.

Meta’s Llama 3.1 benchmarks compared to OpenAI’s GPT-4o

Why It Matters:

This might be the biggest moment ever for open-source AI. For the first time, a frontier model surpasses GPT-4 on several benchmarks and is open-source. This allows everyone to build on a leading model, fine-tune it, distill it, and deploy it anywhere. The AI race is heating up, and Meta just brought it right to the doorsteps of all companies developing closed-source models.

Startup PromoTix ($48M in traction) is saving the events industry

  • Solving high ticket fees and low attendance issues

  • Offers low-fee, SaaS, and patented marketing tools

  • Raising funds for expansion; profitable with 656k users

Source: Getty Images

Evolving AI: Tesla plans to introduce its humanoid robots in its factories starting next year, with broader production aimed for 2026.

Key Points:

  • Tesla will start using robots internally in 2024, with mass production aimed for 2026.

  • This move is part of Musk's strategy to reduce costs amid declining car sales.

  • Tesla's recent quarter showed a drop in profits despite revenue growth in energy storage.

Details:

Tesla's humanoid robots, dubbed "Optimus," are designed to handle unsafe, repetitive tasks. This initiative is part of Elon Musk's broader focus on AI and robotics. The announcement follows a challenging quarter for Tesla, where automotive revenue dropped despite efforts to stimulate sales through price cuts. The company’s shares fell nearly 8% post-announcement. Musk is known for ambitious timelines, previously missing similar targets, but remains optimistic about the robots' potential.

Why It Matters:

According to Brett Adcock, CEO of Figure AI, the world might soon be home to a whopping 10 billion humanoid robots—potentially during our lifetime. Will Elon Musk’s Tesla lead the way with their Optimus robots to take a prominent position in this growing market?

Source: CLAY

Evolving AI: Shanghai Tech University has unveiled CLAY, an AI model generating detailed 3D objects from text and images, pushing the boundaries of 3D content creation.

Key Points:

  • CLAY uses a Variational Autoencoder (VAE) and Diffusion Transformer (DiT) for 3D generation.

  • It can create various objects, including complex fantasy creatures, using multiple data inputs.

  • CLAY outpaces rivals, producing high-quality 3D assets in seconds.

Details:

CLAY's VAE and DiT work together to create high-quality 3D geometries without relying on 2D conversions. Trained on 500,000 models, CLAY excels in generating diverse objects and reconstructing detailed inputs quickly. Its unique ability to incorporate rough shapes or bounding boxes offers precise control over the final output. Compared to existing systems, CLAY produces smoother, more accurate results in just 45 seconds. Additionally, it can synthesize realistic materials using a specialized diffusion approach.

Why It Matters:

This system could significantly simplify the time-consuming manual creation of 3D models with the help of AI. If it works well, you can expect it to be implemented across many companies, which could lead to job losses. It will be interesting to see how the 3D industry reacts to this.

💡 Tip of the Day

Finally, the arguably best AI video model out there, Kling AI, is now available worldwide! No longer requiring a Chinese phone number, you can now join with any email address. Receive 66 free credits for video creation by logging in daily. This will allow you to generate videos like the example below. Enjoy!

Click here to try it out → https://klingai.com

🎯SNAPSHOTS

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🤖 AI ‘arms race’: OpenAI offers free GPT-4o finetuning.

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🚀 Elon Musk: Promising world’s most powerful AI by December.

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