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Grass has launched a new service that helps artificial intelligence tools retrieve and read information from public webpages.
It was released following a recovery in $GRASS, which has since fallen back from the $0.88 price levels that it reached, and found the sellers taking over to hold the $0.80 price levels.
Grass gives AI agents access to live webpages
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The Contents API will, as far as can be established, collect only information from webpages that are publicly available and convert said data into clean text, which can then be assimilated and processed by AI tools.
What that means is that an AI assistant can read up any information when given a web address by the user. The service also handles pages that normal retrieval software would struggle with, for example, those that rely a lot on JavaScript, according to Grass.
At Grass’s instance, the company had tested the service against 3 competing services used on 100 webpages. As per the report, it retrieved content from 97% of those addresses through its API.
That figure rose to 98% for the group of deliberately difficult websites. Grass also claimed complete coverage across selected e-commerce, social-media, and job-listing sites.
However, these results come from tests run directly by Grass, and Grass itself has not had its work reproduced independently.
The service can be accessed by application. Grass said that customers who apply would need to be screened due to its reliance on the bandwidth it provides.
The launch gives Grass another product aimed at the artificial intelligence market, but it leaves the question of how revenue from the API might benefit $GRASS holders or people supplying bandwidth.
At press time, $GRASS trades near the $0.77 price level, yet it has remained about 5% up over 24 hours.
Sellers have been able to reject its price, even as it climbed as high as $0.88. This has made this level the first level that buyers need to recover.
Interest remained high during the move, as could be seen with the increase in trading volume. It increased by about 179% to $79.85 million, showing that more $GRASS were exchanged.
A recovery above the $0.80 level could open another move toward the $0.84 level and the recent $0.88 high. Reaching the $0.90 price level would likely require buyers to clear both of those areas.
On the downside, the region between the $0.75 and $0.77 levels offers the nearest support. If it fails, $GRASS could return to about $0.70, where buyers previously stepped in.
