Pinterest CEO touts open source AI: ‘tremendous performance' with reduced costs

On an earnings call on Tuesday, Pinterest CEO Bill Ready highlighted the promise of open source AI models in helping the company keep its costs down as it expands the use cases for visual AI.The image pinboarding site, which often serves as consumers’ first step in their shopping journey, leverages AI technology to power a variety of features, including its personalized recommendations, a multimodal search experience that combines text and images, ad targeting, and, most recently, product discovery with the ...