A foundation model is a large AI model pre-trained on a vast quantity of data designed to be adapted or fine tuned to a wide range of downstream tasks, such as sentiment analysis, image captioning, and object recognition. Foundation models have the potential to revolutionize many industries, including health care, finance, and customer service. They can be used to detect fraud and provide personalized customer support.
They are also sometimes called base models.
Examples: GPT, LLaMa, BLOOM
See Also: Large Language Models