Meta released Llama-3 only three days ago, and it already feels like the inflection point when open source models finally closed the gap with proprietary models. The benchmarks show that Llama-3 70B matches GPT-4 and Claude Opus in most tasks, and the even more powerful Llama-3 400B+ model is still training. Meta vs OpenAI Meta can likely outspend OpenAI on compute and talent: OpenAI makes an estimated revenue of $2B and is likely unprofitable. Meta generated a revenue of $134B and profits of $...