Foundation Model
FM
A large-scale AI model trained on broad data that can be adapted to a wide range of downstream tasks, serving as a base for specialised applications.
In Plain Language
A massive, versatile AI model (like GPT or Claude) trained on broad data that serves as a starting point for many specific applications. Like a foundation in construction; you build different things on top of it.
Why This Matters
Foundation models underpin many AI applications and carry significant governance implications. Your AI strategy must address third-party foundation model risk, including vendor lock-in, data practices, alignment approaches and the provider's governance standards.
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