Some 150 million people have used Snapchat’s My AI chatbot since its launch in mid-April, sending more than 10 billion messages, Snap Inc. SNAP Chief Executive Evan Spiegel said Tuesday at a Wall Street Journal event in Cannes, France. “My AI definitely helps provide a privacy-safe intent signal,” he said. “When people are communicating with My AI, we can then use those insights to help improve recommendations across our platform.” Spiegel added the company “certainly thinks” AI is a safe product for its community of young users.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.