Meta launches ‘the most powerful open LLM to date’, competing with GPT and Claude

Meta raised the artificial intelligence (AI) bar on April 18, announcing that its new largest language model, Llama-3, is the “most capable” and “best open source model” currently available.

The company's announcement of its comprehensive Lama-3 offering and new standalone “Meta AI” portal has the tech world declaring that the current leaders in the space — Microsoft, OpenAI, Google and Anthroponic — finally have tough competition. From the company formerly known as Facebook.

Meta's blog post leaves no doubt about the company's position regarding Llama's collection of LMS now in the global AI model hierarchy.

“This next generation of Lama features state-of-the-art performance across multiple industry benchmarks and offers new capabilities, including improved thinking. We believe these are the best open source models in their class today.”

Analysts and commentators have long awaited the arrival of Lama-3, with many claiming that preview versions showed better logic and performance than modern competitors GPT and Gemini.

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The large language model market continues to expand year after year, with updates to the most popular models appearing to occur at a steady clip. The current market leader OpenAI uses the latest model – GPT-5, following the previous naming conventions.

A report from Business Insider claims that the next GPT model will be “materially better” than its predecessors, but these rumors are yet to be confirmed.

Cointelegraph recently reported that the LL.M. The market is heating up, Microsoft and Google are said to be a $100 billion business. Microsoft and OpenAI have pledged $100 billion to build a new AI superdata center, with Google DeepMind CEO Demis Hassabis admitting that Google will spend more.

As the costs grow, the rewards can be greater. It is the world's first Artificial General Intelligence (AGI) development, according to Google and Microsoft. An AGI system can, roughly speaking, perform any task a human can perform given the right resources.