In July 2024, Meta announced the release of Llama 3.1, which is claimed to be the "world's largest and most capable openly available foundation model." How many parameters does the most capable version of Llama 3.1 have?

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**Solution:**

1. Meta's Llama 3.1, announced in July 2024, is known as the "world's largest and most capable openly available foundation model."

2. The most capable version of Llama 3.1 contains **700 billion parameters**.

3. Parameters in AI models represent the learned weights that define the model's capabilities; larger parameter counts generally indicate more complex and capable models.

**Answer:** 700 billion

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