Snap's revenue growth plummets to just 9% at $1.35 billion after a technical glitch causes ads to run at heavily discounted rates, while the company struggles with flat monetization despite gaining 469 million daily users.
AI startup The Prompting Company secures $6.5 million in seed funding to help brands optimize their visibility in ChatGPT search results through specialized websites, as retailers brace for a 520% surge in AI chatbot traffic by 2025.
Netflix announces it is going 'all in' on generative AI to revolutionize streaming recommendations, advertising, and content creation, with CEO Ted Sarandos claiming the technology will help creators tell stories better and faster while insisting human creativity remains irreplaceable.
Kaggle founders' new startup Sumble emerges from stealth with $38.5 million in funding, using AI and knowledge graphs to revolutionize sales intelligence by analyzing web data, social media, and regulatory filings for 2.6 million companies, already attracting 19 enterprise customers including Snowflake and Figma with 550% revenue growth.
Adobe launches AI Foundry, an enterprise service enabling businesses to create custom generative AI models trained exclusively on their own intellectual property, addressing copyright concerns while meeting marketers' expectations of fivefold content growth by 2027.
Pinterest users report that up to 80% of search results now consist of AI-generated fake content, overwhelming the platform and causing real-world problems as customers bring impossible AI-created inspiration images to small businesses for weddings and hairstyles that cannot be replicated.
Billionaire Mark Cuban harnesses OpenAI's Sora platform to generate AI videos of himself promoting his pharmaceutical company Cost Plus Drugs, with the viral clips featuring him delivering promotional messages and dancing garnering tens of thousands of views as a cost-free marketing experiment.
Adobe unveils three new B2B AI agents - Audience Agent, Journey Agent, and Data Insights Agent - designed to help marketers identify decision makers, orchestrate targeted campaigns, and analyze customer data to accelerate sales cycles and close deals faster.
A $1M NYC subway ad blitz for Friend, a $129 AI companion pendant, is backfiring spectacularly as New Yorkers vandalize and tear down thousands of posters, while 22-year-old CEO Avi Schiffmann tours the defaced ads and claims to love the chaos.
Meta launches Business AI assistant that delivers personalized shopping recommendations and faster checkout through chat on Facebook and Instagram, expanding to WhatsApp and Messenger while partnering with major CRM platforms to diversify beyond advertising revenue.