<ul><li>A class action securities lawsuit has been filed against AppLovin Corporation and its CEO and CFO.</li><li>The lawsuit alleges that the defendants misled investors about the capabilities of AppLovin's AI-powered ad platform, AXON.</li><li>Two research reports claimed that AppLovin was using manipulative practices and exploiting app permissions to inflate its installation and profit figures.</li><li>The company's stock prices declined due to the research report findings, leading to the lawsuit.</li></ul>

AppLovin & Its AI: A Lesson in Accuracy

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