AI Glossary

Foundation Model

A foundation model is a large AI model trained on broad data at scale so it can be adapted to many downstream tasks, rather than built for one. LLMs like GPT, Claude, and Gemini are foundation models — the general-purpose base that products are built on top of.

Also known as: foundation models, base model

· Chain of Thought

Model Architecture

Before foundation models, you trained a separate model for each task — one for sentiment, one for translation, one for summarization. A foundation model flips that: train one large model on broad data once, then adapt it to many tasks through prompting, retrieval, or fine-tuning. The “foundation” is that everything else gets built on top of it.

That generality is the whole shift behind the current AI wave — and the strategic fault line the show keeps returning to. A handful of labs train the frontier models; everyone else builds on them, which raises the questions that matter for builders: how much to depend on a single provider, when open weights are worth the control, and where the durable value sits when the base model is a shared commodity.

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