February 18, 2025:
Meta Launches LlamaCon Amid AI Competition - Meta is hosting its first generative AI dev conference, LlamaCon, on April 29. The event will highlight its open-source AI efforts, with plans for multiple new Llama models featuring advanced capabilities. Meta is investing up to $80 billion in AI developments, aiming to assert its position amid competition from China’s DeepSeek.
Despite facing legal challenges over training data and regulatory issues in the EU, CEO Mark Zuckerberg is determined for Llama to become the leading open-source AI model. The company faces pressure from DeepSeek's emerging AI technologies, which reportedly outperform Meta's current offerings.
