Meta Llama
Meta Llama is the most widely deployed open-source LLM in financial services with confirmed on-premise deployments at JPMorgan and Goldman Sachs.
Meta's Llama is the most widely deployed open-source LLM in financial services with confirmed deployments at JPMorgan, Goldman Sachs and other Tier 1 banks for on-premise financial AI applications. Community license allows free commercial deployment enabling financial institutions to run Llama on their own infrastructure without per-token licensing costs. Llama 3.2 Vision multimodal capability enables analysis of financial charts, tables, and visual data from annual reports and investor presentations. The 405B parameter model delivers frontier-competitive performance for complex financial analysis tasks while running on private infrastructure.
Finance Strengths
Current Models
Model versions update frequently — visit provider website for latest releases.
| Model | Release Date | Context Window | Notes |
|---|---|---|---|
| Llama 3.3 70B | 2024 | 128K tokens | Best open-source for finance |
| Llama 3.2 Vision | 2024 | 128K tokens | Multimodal for financial charts |
| Llama 3.1 405B | 2024 | 128K tokens | Largest open-source for complex finance |
Finance Use Cases
- On-premise financial AI for regulated banks
- Air-gapped deployment for sensitive finance data
- Zero-cost financial document analysis
- Custom fine-tuning on financial data
- Private financial chatbot deployment
Pros
- ✓Best open-source for on-premise banking deployment
- ✓Free — zero licensing cost for financial institutions
- ✓JPMorgan and Goldman Sachs confirmed deployments
Cons
- ✗Requires infrastructure for self-hosting
- ✗Commercial use restrictions above 700M users
- ✗Less capable than frontier models on complex finance
Technical Details
API Pricing
| Model | Input | Output | Notes |
|---|---|---|---|
| Self-hosted | Free | Free | Run on own infrastructure |
| Via API providers | $0.20/MTok | $0.60/MTok | Via Groq, Together, Fireworks |
Pricing changes frequently — verify current rates on provider website.