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News / Blog: #glossary

What is OpenAi?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
OpenAI is a non-profit AI research organization dedicated to advancing ethical Artificial Intelligence. OpenAI's goal is to research and develop AI technology that helps people make the world a better place. OpenAI publishes research, develops open-source software, offers research grants, and supports researchers and developers. OpenAI also works with industry to develop AI solutions that help people make better decisions.
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What is GPT3?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
GPT-3 (Generative Pre-trained Transformer 3) is a machine learning model developed by OpenAI. It is the largest machine learning model ever constructed and is designed for what is known as "general language processing," which allows machine systems to understand and respond to natural language. By using GPT-3, developers can create machine learning-based applications that support natural language input and output.
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What is artificial intelligence (AI)?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Artificial intelligence (AI) is an umbrella term for techniques that enable computer systems to solve a specific task that a human would normally do. AI systems use algorithms to mimic human intelligence by collecting, analyzing, and learning data to solve problems. AI systems can be used in many fields, from robotics to autonomous vehicles to medicine.
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What is cluster analysis?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Cluster analysis is a descriptive statistics technique used to form similar groups of objects. It is a procedure in which data points that are similar with respect to certain characteristics are grouped together. The goal of cluster analysis is to create groups that are as homogeneous as possible. Cluster analysis can be used in various application areas such as market research, demographic analysis, medical research and credit.
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What is Open Data?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Open Data is a movement that enables people to share, use and manage data. This data can come from any public or private provider, such as governments, businesses, scientists, citizens, and others. Open Data enables global collaboration and access to information that helps us solve problems. This data can be published as raw data, tables, maps, images, or videos, or it can be in specific formats.
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