Reported about 8 hours ago
Roblox is implementing an AI system to estimate the ages of its users as part of its safety measures, aiming for completion by year-end, according to CEO David Baszucki. However, the announcement caused a drop in stock prices as investors expressed caution over potential impacts on user engagement and increased spending. Despite achieving significant revenue growth, the company reported a net loss, raising concerns about its financial stability. As regulatory scrutiny increases, Roblox hopes the new system will enhance online safety for its younger audience.
Source: YAHOO