Meta has introduced Llama 3, the next generation of its state-of-the-art open source large language model (LLM). The tech giant claims Llama 3 establishes new performance benchmarks, surpassing previous industry-leading models like GPT-3.5 in real-world scenarios.

"With Llama 3, we set out to build the best open models that are on par with the best proprietary models available today," said Meta in a blog post announcing the release.

The initial Llama 3 models being...