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Meta has introduced LLaMA, a 65-billion-parameter language model, as a counter-attack to rumors and industry speculation following the success of ChatGPT. The hype surrounding ChatGPT started a winner-take-all battle for power between tech giants. Analogous to a global arms race, tech companies must exhibit a bigger Language Model or risk being left behind. Also, on the same day, OpenAI announced its plans for achieving Artificial General Intelligence (AGI), suggesting they may be close to achieving it.
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