Pinterest shares slipped in extended trading on Monday after the company reported revenue that missed analyst expectations and issued a light forecast for the first quarter. The stock pared its losses after earlier falling by as much as 12%.
The platform recently announced that it found tens of thousands of AI virtual girlfriend ads in its apps and took steps to remove this explicit content from its platform.
As big tech companies like Amazon, Microsoft, and Google aggressively adopt artificial intelligence (AI) in their cloud services, their growth is accelerating.
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