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AI - Step by step guide for startup founders

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What are artificial intelligence, machine learning, and generative AI? AI is a way to describe any system that can replicate tasks that previously required human intelligence. Almost all AI systems are built using machine learning (ML). ML utilizes large amounts of data to create and validate decision logic, forming the basis of an AI model. The AI application then feeds input data into that model, and the model outputs human-like decisions. The rapid advancement of ML, massive proliferation of data, and easy availability of scalable compute capacity can help businesses accelerate how they use AI and, particularly, how they leverage generative AI. Generative AI is a type of AI that can create new content and ideas, including conversations, stories, images, videos, and music. Like most AI, generative AI is powered by ML models—very large models that are pretrained on vast amounts of data and commonly referred to as foundation models (FMs). 3

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