Glossary › large language model
Trading glossary · ai
large language model
A kind of AI that has read huge amounts of text and writes answers by guessing the most likely next words.
The fuller meaning
An AI model trained on large amounts of text to predict the next word or token. Good at summarising, explaining terms, drafting plans and code; weak at facts beyond its training data and at prices: it can confabulate numbers and sources, and it cannot predict the market.
large language model, also called LLM, language model.
Related words
AI · AI assistant · API key · devil's advocate · filing · follow-up question · generative AI · hallucination · indicator alert · knowledge cutoff