Pinterest CEO touts open source AI: ‘tremendous performance' with reduced costs
1. Pinterest predicts weaker Q4 revenue, citing tariff impacts on home furnishings. 2. Stock dropped over 21% after revenue announcement, reflecting investor concerns. 3. CEO emphasizes cost-saving potential of open-source AI for visual applications. 4. AI-powered Pinterest Assistant aims to enhance user shopping experience and engagement. 5. Company testing agentic commerce, awaiting user interest in AI-driven purchasing.