Generative adversarial networks (GANs) are a class of machine learning frameworks where two neural networks compete against each other. One network generates new data instances, while the other evaluates them for authenticity. This adversarial process allows the generating network to produce highly realistic samples matching the training data distribution. The document discusses the GAN framework, various algorithm variants like WGAN and BEGAN, training tricks, applications to image generation and translation tasks, and reasons why GANs are a promising area of research.