Forbes February 5, 2025
Foundation models—AI systems trained on expansive datasets that can perform a wide range of tasks—and large language models—a subset of foundation models capable of processing and generating humanlike language—have quickly become valuable tools for businesses and consumers alike. From widely available LLMs like ChatGPT to smaller models fine-tuned on industry- or domain-specific data, these systems can analyze information, generate text, answer questions and streamline both repetitive and knowledge-based tasks.
While many business leaders grasp the overall potential of foundation models and LLMs, pinpointing practical, everyday applications for unique industry and customer needs can be challenging. Here, members of Forbes Technology Council detail some of the specific, impactful ways foundation models and LLMs have been, and could be, leveraged for a...