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Pymnts

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Pinterest CEO Credits AI-Powered Personalization for 16% Revenue Growth

  • Pinterest reported $855 million in revenue and 10% increase in monthly active users.
  • The 16% year-over-year revenue growth was attributed to the company's investment in AI and personalization.
  • CEO Bill Ready highlighted the success of AI-powered personalization in attracting Generation Z users.
  • Pinterest plans to double down on visual search capabilities powered by multimodal AI models to enhance user personalization.

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