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GPT Chat Latest vs Llama 3.1 70B Instruct

How do these models stack up? Below is an expert side-by-side comparison of specifications, context window capacity, live pricing per million tokens, and standardized benchmark scores for GPT Chat Latest and Llama 3.1 70B Instruct.

OpenAI

GPT Chat Latest

GPT Chat Latest points to OpenAI's stable API alias `chat-latest` that always resolves to the latest Instant chat model used in ChatGPT. As OpenAI rolls out new Instant model updates...

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Meta

Llama 3.1 70B Instruct

Meta's latest class of model (Llama 3.1) launched with a variety of sizes & flavors. This 70B instruct-tuned version is optimized for high quality dialogue usecases. It has demonstrated strong...

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Technical Specifications

SpecificationGPT Chat LatestLlama 3.1 70B Instruct
ProviderOpenAIMeta
Context Window400,000 tokens131,072 tokens
Agent SuitabilityN/AN/A
Time to First Token (TTFT)N/AN/A
Deployment Modelmanaged apiself hostable
Production Stabilitystablestable
API AvailableYesYes
Released Date2026-05-052024-07-23

API Pricing Comparison

Input Price per Million Tokens

GPT Chat Latest

$5.00

Llama 3.1 70B Instruct

$0.40

Output Price per Million Tokens

GPT Chat Latest

$30.00

Llama 3.1 70B Instruct

$0.40

Want to test both models live?

Run side-by-side prompt prompts in our dynamic Sandbox. Check execution speeds, latency metrics, and compute actual costs in real-time.

Benchmark Performance Metrics

Scores show the raw performance percentages verified across key evaluation suites. Higher bars indicate superior accuracy and capability in that domain.

GPT Chat Latest Quirks & Gotchas

No developer gotchas reported.

Llama 3.1 70B Instruct Quirks & Gotchas

No developer gotchas reported.