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AppLovin grows 60% Y/Y rounding to $20bn in annual platform ad spend

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AppLovin CEO Adam Foroughi has suggested ads have greater potential for economic expansion compared to the rise of chatbots, even if large language models (LLMs) have greater economic value. "What people don’t realise is just how big the mobile gaming universe has become. You’ve got over a billion people a day playing mobile casual games. These are all…

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