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๐Ÿš€๐Ÿš€ Edge#248: Foundation Models are Creating the Industrial Era of AI

๐Ÿš€๐Ÿš€ Edge#248: Foundation Models are Creating the Industrial Era of AI

Large pretrained models are changing the mechanics of intelligent applications

Dec 01, 2022
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๐Ÿš€๐Ÿš€ Edge#248: Foundation Models are Creating the Industrial Era of AI
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On Thursdays, we dive deep into one of the freshest research papers or technology frameworks that is worth your attention. Our goal is to keep you up to date with new developments in AI to complement the concepts we debate in other editions of our newsletter.

๐Ÿ’ฅ Whatโ€™s New in AI: Foundation Models are Creating the Industrial Era of AI

In recent months, we have seen a crazy proliferation of artificial intelligence (AI) applied to consumer and business needs. Not a week goes by in which we donโ€™t hear about new applications leveraging models like GPT-3, DALL-E, or Stable Diffusion in all sorts of engaging scenarios. From an outsiderโ€™s perspective, it might seem that all AI applications rely on versions of the same few models. The AI community has already found a new term to refer to this phenomenon: foundation models. Remember that term because it will likely unleash a new era of innovation in AI applications. Recently, Iโ€™ve been using the analogy of foundation models as the industrial era of AI.

Foundation Models

The term foundation model

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