Glossary

Canadian tech terms, explained.

Clear definitions of the technical, financial, and policy terms used in Canadian tech.

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AI systems1 Aliases

LLM

A large language model built to understand and generate text.

Definition
LLM stands for large language model. It is a model trained on large text datasets so it can summarize, draft, translate, answer, and transform language in useful ways.
Why it matters
LLM coverage usually signals that product, data, and governance choices are about to matter more than the demo itself.
Aliases
large language model
Related topics
AI productsInferenceGovernance
AI systems2 Aliases

Inference

The stage where a trained model is used to produce answers, predictions, or actions.

Definition
Inference is what happens after a model is trained. It is the process of using the model in production to classify, generate, rank, or recommend outputs.
Why it matters
Inference economics often decide whether an AI product is scalable, profitable, or stuck in pilot mode.
Aliases
model servingproduction AI
Related topics
Model deploymentAI pricingLatency