Social media giant Snap Inc. (SNAP) announced that its subscription service Snapchat+ has crossed 5 million subscribers. The demand for this paid service has been growing due to added features, although it is only generating a fraction of the company’s revenue.
Contrarily, last month, Snapchat users faced some issues with the platform’s Artificial Intelligence (AI) chatbot when it posted a live update and stopped responding to messages. SNAP’s generative AI technology has received mixed reactions and concerns in products like Snapchat with young users.
