Meta launches $500,000 grant to support AI-powered solutions

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Meta has launched a program that offers $500,000 in grants to projects that use its open-source AI model.

The Llama Impact Grants program, initiated by Meta, is offering $500,000 in grants to projects using Llama 2, its open-source large language model to address challenges in education, environment and social innovation.

Meta and Microsoft released Llama 2 as an open-source program in July, making it available to researchers and developers around the world. Llama 2 is a powerful AI model that can be used for a variety of tasks, including generating text, translating languages, and writing different kinds of creative content.

Yesterday, at TechCabal’s Moonshot event, Adaora Ikenze, Meta’s public policy director for Anglophone West Africa, expressed that AI should not be monopolised, echoing Meta’s vision of broader AI accessibility.

Grant applicants will be evaluated on multiple criteria, including technical feasibility, adherence to data privacy best practices, the envisioned utilisation of Llama 2, and the anticipated impact on their target communities.

This strategic move is Meta’s latest endeavour in its quest to construct a generative AI platform capable of rivalling OpenAI’s GPT series of AI models.

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