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Top stories today:
- Llama 3.1 405B launches: at GPT-4o quality, open weights
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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).
1. Llama 3.1 405B launches: at GPT-4o quality, open weights
128K context window.
Trained on 15T tokens.
16K NVIDIA H100 GPUs used for training.
Llama 3.1 405B can be accessed for as low as $3 per 1M output tokens (on Fireworks), 5x cheaper than GPT-4o and Claude 3.5 Sonnet
2 DGX 8xH100 systems are currently required to run Llama 3.1 405B, but prices should continue to go down over time.
Our view: Llama 3.1 threatens the viability of startups such as OpenAI, Anthropic, xAI, Mistral
They will likely need to develop new architectures, as we are seeing a plateau in the quality of Transformers models.
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