Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg on Wednesday said that his company’s $405 billion model, Llama 3.1, has “better cost performance” compared to leading closed models, possibly referring to OpenAI’s ChatGPT. What Happened: During Meta’s second-quarter earnings call, Zuckerberg stated, “I think we are going to look back at Llama 3.1 as an inflection point in the industry where open-source AI started to become the industry standard, just like Linux is.” He went on to explain his bullish stance on open source, stating it enables faster innovation, creates shared prosperity, an…
