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Stock impact report

Vision Foundation Models: Use Cases And Navigating The New AI Landscape [Forbes]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: Forbes
In 2018, I was one of the founding engineers at Caper (now acquired by InstaCart). Sitting in our office in midtown NYC, I remember painstakingly drawing bounding boxes on thousands of images for a prototype of our self-checkout kiosk. It was tiring, tedious and mistakes were costly. But as in any seed-stage startup, it had to be done. Today, that task which took three people three tireless days could be done in about 10 seconds. The advent of OpenAI's CLIP model acted as a bridge between the world of text and the world of pixels and has sparked a Cambrian explosion in vision-language models , leading to significant advancements. These advancements can generally be categorized into two main areas, grounding and referring • Grounding involves processing textual instruction and identifying the relevant area within an image to fulfill that instruction. For example, "Count the number of men wearing yellow hats in this image." • Referring, on the other hand, involves receiving a s Show less Read more
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