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What does the term open source mean in the context of generative AI models? It means that the models are transparent and explainable to human

What does the term open source mean in the context of generative AI models?
It means that the models are transparent and explainable to human users.
It means that the models are generated by crowdsourcing data from online users.
It means that the models are funded by the public sector and non-profit organizations.
It means that the models are publicly available for anyone to use and modify.

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