LLM

Large Language Model

A type of artificial intelligence (AI) program designed to understand, interpret, and generate human-like text based on the data it’s been trained on. It’s like a highly advanced version of auto-complete, but instead of suggesting just a few words, it can generate coherent and contextually relevant paragraphs of text (GenAI).

For instance, it can write marketing content, generate reports, answer customer queries, or even analyze market trends based on textual data. Its ability to process and generate language at a high level makes it useful for automating and enhancing tasks that traditionally require a lot of human input, thus saving time and resources while potentially increasing efficiency and accuracy.

LLMs represent a significant advancement in AI’s ability to interact with and assist in human language-based tasks, offering numerous applications in the business world.

• Abbreviation: LLM