Llama 3.1 is Meta's latest salvo in the battle for AI dominance

Meta on Tuesday announced the release of Llama 3.1, the latest version of its large language model that the company claims now rivals competitors from OpenAI and Anthropic. The new model comes just three months after Meta launched Llama 3 by integrating it into Meta AI, a chatbot that now lives in Facebook, Messenger, Instagram and WhatsApp and also powers the company's smart glasses. In the interim, OpenAI and Anthropic already released new versions of their own AI models, a sign that Silicon Valley’s AI arms race isn’t slowing down any time soon.