Amid disappointing earnings, Pinterest claims it sees more searches than ChatGPT
A struggling social platform just dropped a shocking search volume comparison to ChatGPT.
Deep Dive
Pinterest CEO Bill Ready revealed the platform handles 80 billion monthly searches, surpassing ChatGPT's reported 75 billion, during a disappointing Q4 earnings call. Despite missing revenue ($1.32B vs $1.33B expected) and EPS (67¢ vs 69¢) targets, Ready emphasized over half of Pinterest searches are commercial. The company's stock fell 20% after-hours, blaming advertiser pullbacks and new tariffs. User growth hit 619M, beating forecasts, but monetization challenges persist in the AI era.
Why It Matters
This highlights the intense battle for search relevance and commercial intent as traditional platforms fight AI disruptors.