Question: In the Stable Diffusion model, what does the term latent space refer to ? The region in memory where model parameters are stored during training

In the Stable Diffusion model, what does the term "latent space" refer to?
The region in memory where model parameters are stored during training
The lower-dimensional representation of data after encoding in a generative model
The final output of the model after decoding the encoded data
The hidden layers of the neural network used in the encoder and decoder
In the Stable Diffusion model, what does the term

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