Meta has unveiled what it believes to be the “world’s largest and most capable openly available (AI) foundation model” to take on the likes of ChatGPT and Google’s Gemini. The parent company of Facebook, Instagram and WhatsApp says its new Llama 3.1 model has “state-of-the-art capabilities” in a range of topics including general knowledge, mathematics and “multilingual” translation. As a result, Meta says this update to Llama is the company “ushering in a new era” by launching a model it says can match or exceed its closed source large language model (LLM) rivals, such as OpenAI’s ChatGPT. “Un…