Making foundation models accessible: The battle between closed and open source AI

Jae Lee
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Jae Lee is the CEO and co-founder of Twelve Labs, a platform that gives businesses and developers access to multimodal video understanding.


The massive explosion of generative AI models for text and image has been unavoidable lately. As these models become increasingly capable, “foundation model” is a relatively new term being tossed around. So what is a foundation model?
The term remains somewhat vague. Some define it by the number of parameters, and therefore, how large a neural network i

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