Llama 3 70B
Llama 3 70B is Meta's open-source flagship model offering strong reasoning and coding capabilities with an 8K context window and tool calling support.
API Pricing
Cheapest on OpenRouter — 62% below avg| Provider | Input / 1M | Output / 1M | Updated |
|---|---|---|---|
| $0.510 | $0.740 | 4/14/2026 | |
| $0.880 | $0.880 | 4/14/2026 | |
| $2.65 | $3.50 | 4/14/2026 |
Prices updated daily. Last check: 4/14/2026
Model Details
General
- Creator
- Meta
- Family
- Llama
- Tier
- Flagship
- Context Window
- 8K
- Modalities
- Text
Capabilities
- Tool Calling
- Yes
- Open Source
- Yes
- Subtypes
- Chat Completion
- Aliases
- meta-llama-3-70b, meta-llama-meta-llama-3-70b
Strengths & Limitations
- Open-source model weights available for local deployment and fine-tuning
- Tool calling support enables structured interaction with external APIs
- 70-billion parameter architecture provides strong reasoning capabilities
- No vendor lock-in due to open-source licensing
- Supports chat completion format for conversational applications
- Can be deployed on-premises for data privacy requirements
- Community-driven development and optimization potential
- Limited 8K context window compared to newer flagship models
- Text-only modality without image or multimodal support
- Requires significant computational resources for local deployment
- Knowledge cutoff may be older than proprietary alternatives
- No native vision or audio processing capabilities
Key Features
About Llama 3 70B
Common Use Cases
Llama 3 70B is well-suited for organizations requiring high-capability language processing while maintaining control over model deployment and data privacy. Its flagship-tier performance makes it appropriate for complex reasoning tasks, advanced coding assistance, content generation, and research applications. The open-source nature particularly benefits teams needing custom fine-tuning for domain-specific tasks, on-premises deployment for sensitive data, or integration into proprietary systems. The tool calling functionality enables agentic workflows and structured data extraction, while the 70B parameter count provides the reasoning depth needed for sophisticated problem-solving scenarios.
Frequently Asked Questions
How much does Llama 3 70B cost per million tokens?
Llama 3 70B pricing varies by provider and deployment method. Since it's open-source, you can run it locally or choose from various cloud providers offering different pricing structures. Check the pricing table above for current rates across all available providers.
What is Llama 3 70B best used for?
Llama 3 70B excels at complex reasoning tasks, advanced code generation, technical writing, and applications requiring tool calling capabilities. Its flagship-tier 70B parameter architecture makes it suitable for sophisticated problem-solving, research assistance, and custom fine-tuning for specialized domains where open-source flexibility is valuable.
Can I run Llama 3 70B locally or do I need to use an API?
Llama 3 70B is open-source, so you can download the model weights and run it locally if you have sufficient computational resources. However, the 70B parameter model requires significant GPU memory and processing power. Alternatively, you can use cloud API providers that host the model, which eliminates infrastructure requirements while still giving you access to the same capabilities.