Grindr's AI investments deliver results, Edge attracts broader customer base than expected

Grindr reported second-quarter earnings driven by artificial intelligence investments. Revenue climbed 33% to $138 million, with full-year guidance raised to $540 million. Its new AI companion product Edge is attracting a broader customer base than initially expected, with monthly pricing reaching $350 in test markets. Internally, AI-powered coding tools have increased engineering productivity 2.5 times without expanding headcount. The company estimates this avoids $60 million in annual engineering costs, far exceeding its projected $6 million annual token spending.