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🤖🔥 Open Source Breakthrough, Rise Of Legal AI, Zuckerberg's Vision

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Himanshu Maggu & Michael Beer
July 24, 2024

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Welcome back! This is The AI Takeover, read this daily so you don’t get left behind by AI! In todays newsletter:

- 🚨 🦙 Llama 3 Makes Open-Source History
- 🚨 🚀 Harvey: Legal AI Soars to Unicorn Status with $100M Boost
- 🚨 🌟 Mark Zuckerberg’s AI Future Vision

NEWS
🦙 Llama 3 Makes Open-Source History

Meta has unveiled its groundbreaking open-source frontier AI model, Llama 3, accompanied by comprehensive training documentation. This cutting-edge model boasts performance comparable to leading proprietary systems, featuring an expansive 128,000-token context window. Llama 3 encompasses versatile chat models and offers a robust, open ecosystem for developers and researchers to build upon, marking a significant advancement in accessible AI technology.
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NEWS
🚀 Harvey: Legal AI Soars to Unicorn Status with $100M Boost

Harvey, the AI-powered legal tech startup, has secured a $100 million Series C funding round, catapulting it to unicorn status. Led by Google Ventures and joined by other prominent investors, this significant capital injection will fuel Harvey's ambitious expansion into top-tier law firms. The company aims to revolutionize legal processes with its advanced AI solutions, targeting efficiency and accuracy improvements in the legal sector.
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NEWS
🌟 Mark Zuckerberg’s AI Future Vision

Mark Zuckerberg emphasized the critical role of open source in Meta's long-term strategy, highlighting its potential to accelerate innovation and foster collaboration within the tech industry. He detailed Meta's commitment to supporting open source initiatives through increased funding, developer resources, and the release of proprietary tools. Zuckerberg also outlined plans to integrate open source technologies across Meta's platforms and products.
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