Large Language Models

Definition

A category of artificial intelligence system trained on vast text corpora to perform natural language understanding, generation, and reasoning tasks. Large language models — including GPT, Claude, and Gemini families — are foundation models that can be fine-tuned for specialist applications. For businesses, proprietary fine-tuned LLMs, curated training datasets, and domain-specific model weights represent significant intangible assets with commercial, competitive, and regulatory dimensions.