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Top stories today:
- Llama 3 being developed to be open to controversial questions
- Stripe allows employees to cash out at $65B
- X launches Video Spaces on iOS
- Snowflakeās product revenue +32% to $738M in Q4, as CEO is swapped
- Bitcoin crosses $62K, nearing all-time high of $70K
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Llama 3 being developed to be more responsive to controversial questions
The top Llama-derivative, WizardLM, currently lags behind AI models of OpenAI, Google, Mistral, Anthropic, Alibaba, and 01:
Response to the backlash Google Gemini has received.
July: target launch date.
GPT-4 quality, Meta hopes.
Our view: Llama 3, when launched, will likely become the worldās best open-source LLM
OpenAI and Google should continue to lead the way in LLM quality.
Meta will join the likes of Mistral and Anthropic as being 6-12 months behind the leaders.
2. Stripe allows employees to cash out at $65B
$1B of employee equity being bought by Stripe and some of its investors.
IPO likely delayed to 2025+.
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