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Generative artificial intelligence (generative AI, GenAI, [1] or GAI) is a subset of artificial intelligence that uses generative models to produce text, images, videos, or other forms of data. [ 2 ] [ 3 ] [ 4 ] These models learn the underlying patterns and structures of their training data and use them to produce new data [ 5 ] [ 6 ] based on ...
The Stanford Institute for Human-Centered Artificial Intelligence's (HAI) Center for Research on Foundation Models (CRFM) coined the term "foundation model" in August 2021 [16] to mean "any model that is trained on broad data (generally using self-supervision at scale) that can be adapted (e.g., fine-tuned) to a wide range of downstream tasks". [17]
ChatGPT is a generative artificial intelligence chatbot [2] [3] developed by OpenAI and launched in 2022. It is currently based on the GPT-4o large language model (LLM). ChatGPT can generate human-like conversational responses and enables users to refine and steer a conversation towards a desired length, format, style, level of detail, and language. [4]
Stardog Voicebox Wealth Assistant relies on Stardog’s 100% hallucination-free, LLM-powered Voicebox offering to help wealth advisors offer better investment decisions to their clients. The McKinsey Global Institute (MGI) estimates that across all of banking—wholesale and retail—GenAI could add between $200 billion and $340 billion in ...
Gemini, formerly known as Bard, is a generative artificial intelligence chatbot developed by Google. [5] [6] [7] Based on the large language model (LLM) of the same name, it was launched in 2023 after being developed as a direct response to the rise of OpenAI's ChatGPT.
Fourth, because GenAI is so predicated on data and to build a competitive advantage, you need to leverage your proprietary data, people want to access that data and be able to do so easily.
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