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What relation does Cloudfoundary have with Cloud?

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I read on https://en.wikipedia.org/wiki/Cloud_Foundry that Cloud Foundry is an open source, multi-cloud application platform as a service (PaaS).

My understanding about Cloudfoundary is that one can deploy our application on Cloudfoundary as PaaS instead of sticking to a particular cloud provider.

I am trying to understand the below:

1) What is the relation between cloudfoundary and cloud?
2) What does multi-cloud application PaaS mean ? (I understand what PaaS is, which means when we not only get the machines to deploy but also the operating system and infrastructure and we get a UI interface to simply deploy our applications without getting into the hassles of preparing the infrastructure).

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