Generative models for text are capable of producing new texts that mimic the structure and style of their training data. These models have a range of applications, including chatbots, text completion, and creative writing. The technology is significant in enhancing automated text generation.

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8. Generative models for text can create new texts that are similar in structure and style to the training data. They are used for various applications like chatbots, text completion, and creative writing.

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