OpenAI ’ s SearchGPT prototype , EU AI Act comes into force , 30 % of Gen AI projects could be abandoned and Meta launches world ’ s largest open-source model
WRITTEN BY : KRISTIAN MCCANN
META LLAMA 3.1 : THE WORLD ’ S LARGEST OPEN -SOURCE AI MODEL
Meta has moved to position itself as an AI leader through the release of Llama 3.1 , its latest , and world ’ s largest , open-source AI model . This move signals a significant shift in the AI landscape , challenging the dominance of closed-source models like OpenAI ’ s GPT-4 and Anthropic ’ s Claude 3.5 Sonnet .
EU AI ACT COMES INTO EFFECT : WHAT ENTERPRISES NEED TO KNOW
The EU ’ s eagerly anticipated and ground-breaking AI legislation , the AI Act , has officially come into force , putting the first major legal guardrails on a technology that has erupted over the past few years . This law aims to regulate the development , usage and application of AI .
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