Meta's release of Llama 3.1 signifies a substantial advancement in open-source AI, with its exceptional performance on benchmarks and capabilities in areas such as general knowledge, multilingual translation, and mathematical reasoning. Labelbox leverages Llama 3.1 to enhance data-labeling workflows by enabling dataset curation, generating synthetic pre-labels, and facilitating human-in-the-loop refinement to ensure quality. This integration allows AI teams to efficiently create high-quality, domain-specific models, supporting applications like long-form summarization and coding assistants. By offering tools for dataset curation and model distillation, Labelbox empowers developers to expedite the AI development process, making it easier to fine-tune models for specialized tasks across various industries.