Generative AI (Artificial Intelligence) and its underlying foundation models represent a paradigm shift in innovation, significantly impacting enterprises exploring AI applications. For the first time, because of generative AI models, we have systems that understand natural language at a near-human level and can generate and synthesize output in various media, including text and images. Enabling this technology are powerful, general foundation models that serve as a basis or starting point for developing other, more specialized generative AI models. These foundation models are trained on vast amounts of data.
