Synthetic

3 Questions: The pros and cons of synthetic data in AI
Synthetic data are artificially generated by algorithms to mimic the statistical properties of actual data, without containing any information from real-world sources. While concrete numbers are hard to pin down, some estimates suggest that more than 60 percent of data used for AI applications in 2024 was synthetic, and this figure is expected to grow…

Step-by-Step Guide to Creating Synthetic Data Using the Synthetic Data Vault (SDV)
Real-world data is often costly, messy, and limited by privacy rules. Synthetic data offers a solution—and it’s already widely used: LLMs train on AI-generated text Fraud systems simulate edge cases Vision models pretrain on fake images SDV (Synthetic Data Vault) is an open-source Python library that generates realistic tabular data using machine learning. It learns…