Meta Offers Rs 16.7 Crore for AI Projects through Llama 3.1 Impact Grants

Meta's Llama 3.1 Impact Grants offer up to $2 million for AI projects addressing social challenges

  • Meta’s Llama 3.1 Impact Grants offer up to $2 million for AI projects addressing social challenges
  • Applications are open worldwide, with priority given to economic development, science, and public service projects
  • Selected recipients will be awarded up to $500,000 and announced early next year

Meta is inviting organizations worldwide to apply for its Llama 3.1 Impact Grants program, offering funding for AI projects that address social challenges. The program aims to leverage the power of Meta’s open-source AI model to drive positive social impact. Applications are open until November 22, 2024, and selected recipients will be awarded up to $500,000.
The program prioritizes projects focused on economic development, science, and public service. Meta believes AI has the potential to increase human productivity, creativity, and quality of life, and is committed to fostering innovation and equitable access to AI benefits. The company will also host events worldwide to explore how Llama 3.1 can address local challenges.
This initiative builds upon the success of the inaugural Llama Impact Grants, which received over 800 applications from 90 countries. Meta is excited to see how the community leverages the enhanced capabilities of Llama 3.1 to create impactful solutions.
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