Snapchat's MyAI Chatbot Has 150M Users: It Could Improve Ads, Says Snap CEO
Portfolio Pulse from Rounak Jain
Snapchat's MyAI chatbot has reached 150 million users, with over 10 billion messages sent. Snap Inc. CEO Evan Spiegel believes this could help improve advertisements and the company's top and bottom lines.
June 20, 2023 | 1:45 pm
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Snapchat's MyAI chatbot usage could lead to improved advertisements and better financial performance for Snap Inc.
Snapchat's MyAI chatbot has been used by 150 million users, who have sent over 10 billion messages. This extensive usage will help improve machine-learning algorithms and advertisements, according to Snap CEO Evan Spiegel. As a result, this could positively impact Snap Inc.'s top and bottom lines, making it likely for the stock price to go up in the short term.
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