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During a recent earnings call, Pinterest CEO Bill Ready emphasized the advantages of using open source AI models to reduce costs while enhancing the platform’s visual AI capabilities. As the company faces potential revenue challenges due to a weaker holiday shopping forecast, Ready noted that the integration of open-source models has shown promising cost effectiveness without sacrificing performance. He highlighted that testing reveals significant cost reductions when compared to proprietary models, suggesting a strategic shift towards open source solutions for various applications, including personalized recommendations and AI-assisted shopping experiences.
Source: YAHOO