Llama 3.1 70B

Llama 3.1 70B costs $0.99 for input and $0.99 for output per million tokens.
Llama 3.1 70B

Llama 3.1 70B is one of Meta's latest advancements in large language models.

Scorecard

✅ Availability Yes, Try and Llama 3.1 70B here
🐙 Model Type Large Language Model (LLM)
🗓️ Release Date October 2023
📅 Training Data Cut-off Date N/A
📏 Parameters (Size) 70 billion
🔢 Context Window 128k tokens
🌎 Supported Languages 20
📈 MMLU Score 88.0%*
🗝️ API Availability Yes
💰 Pricing (per 1M Token) Input: $0.99, Output: $0.99 per 1M tokens

With its impressive capabilities in multilingual support, coding, and reasoning, it stands out as a versatile tool for a range of applications.

Llama 3.1 70B Free Chat 💬

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This model is designed to provide high performance while remaining cost-effective, making it suitable for both large enterprises and smaller developers.

Architecture 🏗️

Llama 3.1 70B uses a standard decoder-only transformer model architecture with some tweaks for better stability.

It boasts a context length of 128K, enabling it to handle extensive text inputs efficiently. This model was trained on a massive dataset of 15 trillion tokens, utilizing over 16,000 H100 GPUs to achieve its current state.

Performance 🏎️

Llama 3.1 70B excels in various benchmarks, making it competitive with some of the leading AI models available today. It shows significant improvements in general knowledge, math, tool use, and multilingual translation. Here are some benchmark results:

  • MMLU (CoT): 86.0
  • HumanEval (0-shot): 80.5
  • GSM8K (8-shot, CoT): 95.1
  • Multilingual MGSM: 86.9

These scores highlight its ability to perform complex reasoning tasks and generate accurate code snippets, making it highly reliable for professional use.

Pricing 💵

Token Pricing

Llama 3.1 70B offers competitive pricing for its capabilities. The token pricing is designed to be affordable, ensuring that developers can scale their projects without incurring prohibitive costs.

Example Cost Calculation

For example, if you plan to process 1 million tokens, the cost would be calculated as follows:

  • Input tokens: $0.10 per 1,000 tokens
  • Output tokens: $0.40 per 1,000 tokens

So, for 1 million tokens:

  • Input cost: 1,000,000 / 1,000 * $0.10 = $100
  • Output cost: 1,000,000 / 1,000 * $0.40 = $400
  • Total cost: $500

Use Cases 🗂️

white llama on brown grass
Photo by Paz Arando / Unsplash

Llama 3.1 70B is versatile and can be used in various applications, including:

  • Multilingual Conversational Agents: With its strong multilingual capabilities, it can support customer service in multiple languages.
  • Coding Assistants: Its high performance in code generation tasks makes it ideal for use in development environments.
  • Long-form Text Summarization: The extended context length allows it to summarize lengthy documents accurately.

Customization

The model also supports extensive customization, allowing developers to fine-tune it for specific tasks. This ensures that the model can be tailored to meet unique business requirements, enhancing its utility and effectiveness.

Comparison 📊

When compared to other models like GPT-4 and Claude 3.5 Sonnet, Llama 3.1 70B holds its ground firmly.

It offers similar, if not better, performance in several key areas while maintaining a lower cost structure. This makes it an attractive option for those looking to balance performance with budget considerations.

Feature Llama 3.1 70B Llama 3.1 405B GPT-4o Claude 3.5 Sonnet
Provider Meta Meta OpenAI Anthropic
Model Size 70 Billion Parameters 405 Billion Parameters Varies (e.g., GPT-4o) Claude 3.5 Sonnet
Context Length 128K tokens 128K tokens 128K tokens 200K tokens
Training Data 15 trillion tokens 15 trillion tokens Not specified Not specified
Multimodal Support Yes Yes Yes Yes
Supported Languages Multilingual Multilingual Multilingual Multilingual
Math & Coding Proficiency High Very High High Moderate
Reasoning Tasks Performance Strong Very Strong Strong Moderate
Tool Use Advanced Advanced Advanced Moderate
Pricing (Input $/1M) $0.75 $1.00 $5 $3
Pricing (Output $/1M) $1.00 $1.50 $15 $15
Release Date 2024 2024 2023 2023
Free Trial Available Available Available Available

Conclusion

Llama 3.1 70B is a robust and reliable model that excels in a variety of tasks, from multilingual support to coding and reasoning.

Its competitive pricing and high performance make it a valuable tool for developers and enterprises alike. Whether you need to generate code, translate languages, or summarize long texts, Llama 3.1 70B has you covered.

About the author
Yucel Faruk

Yucel Faruk

Growth Hacker ✨ • I love building digital products and online tools using Tailwind and no-code tools.

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