Pinterest initiated emergency internal projects to improve ad targeting and laid off 15% of its workforce following a massive stock sell-off. The company is reallocating computing resources to develop voice-based AI search features as it is attempting to fend off competition from new chatbots. Executives are also deploying updated moderation models to filter a disruptive influx of AI-generated images on the platform.
Pinterest launches code red projects to revive ad revenue amid AI competition
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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