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Person: "aravind-srinivas"
Perplexity, the newest AI unicorn
llama-3-8b llama-3-70b llama-3 llava-llama-3-8b-v1_1 phi-3 gpt-3.5 perplexity-ai meta-ai-fair hugging-face groq context-length fine-tuning quantization instruction-following model-comparison multimodality benchmarking memory-optimization model-performance daniel-gross aravind-srinivas
Perplexity doubles its valuation shortly after its Series B with a Series B-1 funding round. Significant developments around Llama 3 include context length extension to 16K tokens, new multimodal LLaVA models outperforming Llama 2, and fine-tuning improvements like QDoRA surpassing QLoRA. The Llama-3-70B model is praised for instruction following and performance across quantization formats. Phi-3 models by Meta AI released in multiple sizes show competitive benchmark results, with the 14B model achieving 78% on MMLU and the 3.8B model nearing GPT-3.5 performance.