A few weeks ago, in IT Matters I wrote about foundational models, a completely new approach to artificial intelligence (AI). Foundational models are popularized by traditional methods of training AI programs with small data sets. They thought it would be a game changer. Foundation models are also known as neural networks and ‘generative AI models’. These are the new buzzwords and I have seen many startups that want their investors (venture capital firms, angel investors and the like) to believe that their work is based on such generative AI models.