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Artificial Intelligence (AI) is playing an increasingly important role in our day-to-day experiences, with applications ranging from search and recommendation systems to digital modernization, efficient operations, hiring, lending & mortgage management, retail, healthcare, and education. To ensure AI models are accurate, reliable, and ethical, organizations must first define their Data Cloud strategy and focus on seven key foundations. These include identifying potential and value, familiarizing with Cloud Data, Analytics, ML-Classification and AI concepts, Generative AI, Data Governance, AI Platforms, and AI Security.