LLM- Large Language Models
Large Language Models(LLMs) have generated much hype in recent months (see Figure 1). The demand has led to the ongoing development of websites and solutions that leverage language models. ChatGPT set the record for the fastest-growing user base in January 2023, proving that language models are here to stay. This is also shown by the fact that Bard, Google’s answer to ChatGPT, was introduced in February 2023. Language models are also opening new possibilities for businesses, as they can: Automate process Save time and money Drive personalization Increase accuracy in tasks Yet, large language models are a new development in computer science. Because of this, business leaders may not be up-to-date on such models. We wrote this article to inform curious business leaders in large language models: Definition Examples Use cases Training Benefits Challenges What is a large language model? Large language models (LLMs) are foundation models that utilize deep learning in natural language