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Llama 3 is the open-model family Meta released on April 18, 2024, in 8-billion and 70-billion-parameter sizes, trained on 15 trillion tokens. The 70B beat Claude Sonnet, Mistral Medium, and GPT-3.5 in Meta's own human evaluation, and its licence allows free commercial use up to 700 million monthly active users.
Choosing an open LLM for enterprise in 2024 is no longer just Llama 2: Mistral, Mixtral, Qwen, Yi, DeepSeek, and Phi-2 all compete with different licences and sizes. The criteria that actually decide are commercial licence, available hardware, language support, and your own evaluation on real use cases, not just the trendy benchmark.
Meta released LLaMA 2 on July 18, 2023 with a royalty-free commercial licence, in three sizes (7B, 13B, 70B parameters). The 70B model matches or beats GPT-3.5 on standard benchmarks. For 99.9% of organisations the licence allows download, modification, and production use with full data privacy and no fine-tuning restrictions.
