Microsoft Advertising and Media.Monks Unlock New Opportunities in China
Microsoft Advertising and Media.Monks have bolstered their positions in China to support marketing, advertising, and advanced services in two different announcements. Artificial intelligence is used to support services in the majority of cases.
Microsoft Advertising ventures into the Chinese market
Microsoft Advertising and InMobi have declared their intention to extend their partnership into the Chinese mainland. With Microsoft Advertising’s native display and search capabilities, Chinese marketers can now leverage an integrated solution to improve their campaigns. Its enterprise and strategic sales, account management, marketing, finance, collection, and billing for customers in China will all benefit from the partnership.
This will expand upon Microsoft and InMobi’s already fruitful partnership, which was established in July 2018. Since then, it has grown to encompass Microsoft Advertising’s solutions in almost 75 nations and regions, including Africa, the Middle East, India, Southeast Asia, and now Mainland China. The biggest search and tech company in China, Baidu, competes with Microsoft Advertising in the area. Baidu incorporates AI into all of its platforms and tools for cloud services and advertising.
Here’s what they said
Charlie Liang, GM of InMobi China, and SVP of InMobi Group said,
This extended collaboration between Microsoft Advertising and InMobi in China will bring the best value across both organisations to marketers in the region, given China’s highly competitive marketers environment. InMobi China is well positioned to bring the best experience to advertisers with a deep understanding of China’s search and display ad markets, a customer-oriented product and business operation team, and Microsoft Advertising’s cutting-edge solutions.
Read More: Chinese AI Firm Baidu Debuts ERNIE 4.0 Chatbot Competing with GPT-4
Media.Monks partner with Baidu to strengthen its presence in China
S4 Capital plc’s operating brand, Media.Monks China announced a partnership with Baidu to support international brands hoping to succeed in the Chinese market. Media.Monks, as a premium partner, is in a unique position to enable brands to leverage Baidu’s demand in China, which goes beyond Search and Programmatic Display to include a range of products, including Baidu’s AI-driven Ad-tech products.
The Data and Digital Media team (DDM.monks) emerges as a reliable partner for both inbound and outbound clients across diverse industries in the ever-changing landscape of China’s digital market. DDM offers a wide range of services, with a focus on programmatic display, data solutions, paid search, paid social, managed media, and brand marketing. DDM assists clients in navigating the challenging world of digital marketing in China and around the world, producing significant outcomes and promoting long-term growth, from carrying out media strategy to attaining data-driven efficiency.
With this new partnership, Media.Monks China can now offer a wider range of products to brands on the market. To enhance their influence in this dynamic and quickly changing market, Media.Monks and Baidu plan to collaborate closely in related fields in the future. They will also provide superior services to a wide range of customers.
Here’s what they said
Emily Yaoli, Data and Digital Media China team lead at Media.Monks remarked,
We will help brands with an integrated marketing strategy targeting mass audiences in China, by leveraging Baidu’s profound AI-driven solutions.
Read more: Baidu unveils ERNIE, the AI-powered chatbot to ChatGPT
Yahoo Spins Out its Enterprise Engine Vespa for AI-Scaling Excellence
Yahoo announced the spin-out of Vespa, its enterprise AI-scaling engine to increase the reach of its technology platform. Vespa, which makes extensive use of data and AI online, will be a distinct and independent company. Since 2017, Vespa, a division of Yahoo, has served a range of external clients’ AI requirements, including Spotify, Wix, major financial institutions, and others. Searching through millions of documents inside a large enterprise, providing superior data-driven online services, or enabling scalable AI-based language apps are a few examples. 150 essential applications that are crucial to the business’s operations are supported by Vespa technology. These programs are necessary for real-time content personalization across all of Yahoo’s pages and for managing targeted advertising inside one of the world’s biggest advert exchanges.
What is Vespa?
In 1997, Vespa debuted as a cutting-edge search engine. Later, as a result of the Overture acquisition in 2003, it joined Yahoo. Vespa went open-source in 2017 and started providing services to outside customers in 2021. Through the spin-out, Yahoo will have a share in the new company and a director seat on its board.
Vespa – Yahoo’s spin-out
The spin-out intends to increase Vespa’s technology platform’s usability at a time when retrieval-augmented generation (RAG) requires the company’s artificial intelligence (AI) processing. With around 150 technology apps supporting close to one billion users, Yahoo will continue to be Vespa’s top customer and strategic investor. These programs process 800,000 inquiries every second, which is astounding. Vespa will also keep powering Yahoo’s internal solutions for search, dynamic recommendations, and providing users with targeted adverts and content.
Read More: Microsoft Advertising Enhances Search and Ads with Generative AI
Benefits of entity spin-out
Vespa will be able to benefit the rest of the globe greatly if a corporation is built around it. Additionally, it will enable businesses already reliant on Vespa to take advantage of cloud service efficiencies. More businesses will use it to solve online AI and big data concerns. Vespa will be able to quicken the creation of new features, enabling its users to produce even better solutions more quickly and inexpensively. Deploying on a cloud service or keeping with an open-source distribution are both possible options.
Thanks to its decade-long work on fusing AI and large data online, Vespa delivers features and scale that exceed any comparable solution. The demand for a platform that offers a solid basis for these solutions has never been greater as the world begins to use current AI to solve actual business problems online.
Here’s what they said
Jim Lanzone, CEO of Yahoo said,
Vespa has been a critical component to Yahoo’s AI and machine-learning capabilities across all of our properties for many years. While remaining Vespa’s biggest customer and a key investor, we’ll continue to leverage all that Vespa has to offer while simultaneously creating a new business opportunity that allows other companies to harness its technology as an independent entity.
Jon Bratseth, CEO of Vespa added,
Given Yahoo’s incubation and advancement of the technology over the years, now is the time to spin out Vespa and allow other companies to take advantage of Vespa Cloud in a meaningful way. With Yahoo’s continued investment and support, Vespa will be able to maintain its position as one of the largest and most sophisticated machine learning and database management platforms globally.
Read More: The AI Search War: Microsoft & Google Compete for Search Engine Leadership
TikTok’s Double Delight: Creative Assistant and Ad-Free Subscription
TikTok has unveiled two new updates – Creative Assistant and an ad-free subscription tier.
TikTok Creative Assistant
The new Creative Assistant virtual helper, powered by AI, is intended to support entrepreneurs and artists. Utilizing the platform’s vast archive of creative knowledge, the tool hopes to make it easier for companies and creators to collaborate. Similar to the present AI chatbots that provide information after being promoted, the TikTok Creative Assistant provides information. It is available to all TikTok Business users and is housed in the platform’s Creative Center. Additionally, it may analyze data, provide recommendations, spark ideas, and offer assistance with the platform’s best practices.
What is a Creative Assistant?
TikTok Creative Assistant is a state-of-the-art AI-powered virtual assistant that marketers can communicate with and collaborate with as they produce advertisements or videos for the site. It guarantees to assist marketers in creating interesting and useful content for their TikTok campaigns. Users of TikTok Business can tap the icon in the top right corner of the screen to access the TikTok Creative Center tool interface. It might be worthwhile to look at what kinds of information are accessible to aid in improving the TikTok marketing process. It serves as a support system for TikTok video creators.
The tool aims to speed up the brainstorming process so users may use the platform more effectively to expand and explore their creative boundaries. Additionally, it incorporates numerous TikTok-specific creative insights that are meant to provide users with helpful tips and pointers as they experiment with creating advertisements or video content for TikTok. It is a sophisticated fusion of artistic intuition and artificial intelligence technology designed to help users get the most out of their TikTok presence through never-ending ideas.
Read More: TikTok Expands Measurement Suite with First-Party Solutions
Simplifying ad creation
It can be difficult to make an advertisement that grabs the audience’s attention and connects with them. This is especially true for newly established advertisers. Their procedure will be made simpler with the Creative Assistant. With the help of this new tool, advertisers will get advice and ideas on how to improve advertisements’ effectiveness and engagement. It will be similar to a personal advisor who can offer advice on how to make an advertisement more visually appealing and engaging. Based on the information, the program offers a variety of templates and suggestions. It will make the process of creating advertisements less tedious and more entertaining. To increase the overall appeal of the advertisement, it takes into account the characteristics of the content and makes targeted recommendations.
What’s in it for advertisers?
The brand-new Creative Assistant functions as the company’s current Creative Center options’ concierge. The app includes every feature of the Creative Center. So while it isn’t entirely new, it is going to make it simpler for marketers to access the necessary sections and components, along with in-stream suggestions and campaign scripts. The Creative Assistant isn’t supposed to take the place of creative input from companies and creators, TikTok cautions. Instead, it acts as a springboard for inspiration, working as a partner in the production of content. The resources offered by the AI tool can be used, edited, discarded, or redone at the user’s discretion.
Read More: Zeotap Data Joins TikTok to Enhance Targeting And Boost Ad Campaign
How does it work?
Through showcasing and analyzing top-performing commercials using data sources on the Creative Center, the TikTok Creative Assistant can assist users in their research into the creative landscape of the platform. The virtual assistant can assist with TikTok idea generation and script revision. Along with ad scripts, it will also display the best-performing commercials in a particular niche. Although each of these options has long been present in TikTok’s Creative Center, this will only make locating them easier. The company thinks that the foundation of its platform is storytelling and creativity. With the help of this new tool, businesses and content producers can make better and more interesting content.
What to use Creative Assistant for?
Within the platform’s Creative Center, TikTok Creative Assistant may be used to increase advertisers’ creativity by providing insights and recommendations for an easier content development process. For instance
- Creative Assistant helps TikTok novices get started on the site by offering advice on best practices.
- Using data sources from the Creative Center, Creative Assistant can present and analyze inspiring and top-performing commercials when investigating the TikTok creative environment.
- When writer’s block strikes, Creative Assistant is available to help with collaborative brainstorming, writing assistance, and rewriting of TikTok scripts.
Features for advertisers
Both new brands on TikTok and seasoned ones can benefit from the tools that the TikTok Creative Assistant has to offer. To help new creators get started and traverse TikTok‘s best practices, it offers advice. It also highlights and evaluates the best advertisements, assisting brands in their research stages. The freshly released Creative Assistant is designed to help with the creative aspects of content and advertising campaigns, but it has also lately included more data-focused options to support the technical aspects.
Read More: Amazon Prime Video to Introduce Limited Ads in 2024
Here’s what they said
As reported by Social Media Today, TikTok wrote in its blog post,
The latest evolution of creativity and productivity has led us to new paths of innovation. We’ve been working on a model that allows you to converse and collaborate when creating for TikTok. It draws information from a wealth of TikTok-focused creative knowledge, providing you with the most relevant responses for when you’re creating ads or videos for TikTok.
Ad-free Subscription Tier
In a subsequent update, TikTok is looking at new revenue streams. A small-scale trial of a monthly subscription service with no adverts has begun on the well-known video app. In one unnamed English-speaking region outside of the US, TikTok has started testing a subscription tier without ads for customers.
Insights on the ad-free tier
Reportedly, a new ad-free subscription tier was visible in the code of a new TikTok app version. During this testing period, it costs $4.99 per month in the USA. The popular social networking platform will be accessible to eligible subscribers without being interrupted by TikTok’s commercials. The business acknowledged starting a small-scale test of an ad-free membership plan in one region, but that market is outside of the United States. Value Added Tax (or “VAT”) is shown in the code, which means “Price Includes.” However, there is no VAT on products or services in the United States.
Read More: TikTok Prioritize User Rights with Revised DSA Standards in the EU
The code
The strings included in the actual lines of code that Android Authority spotted read
We are testing the Ad-free plan with the TikTok community.
By continuing, you agree to the {%s} and acknowledge that you have read our {%s} to learn how we collect, use and share data.
You also accept the immediate provision of the Ad-free subscription. Price includes VAT.
Allow us to use your data to show you relevant ads, which helps keep TikTok free. %s.
You can also see how we use and protect your data in our %s
What does it say about marketing on the platform?
Paying customers may avoid advertisements on the testing tier. The platform will not, however, stop influencer-led marketing initiatives that conceal their brand connections. The majority of advertisements that users encounter on the feed for short videos are of this type. Despite its limitations, the test represents the first time TikTok has ever taken payment in exchange for an ad-free user experience. The TikTok subscription option is currently only being tested in one market. The business can decide against expanding the offering.
Social media platforms are embracing an ad-free model
Other well-known social media platforms have already made preparations to follow suit. Like Meta, which may employ a paid subscription model to permit users residing in the European Union to avoid viewing advertisements on Instagram and Facebook to reduce regulatory scrutiny over privacy concerns around ad-tracking data. Along with YouTube, X garnered attention for its ad-free tier. Both services provide premium choices with extra perks like access to in-app monetization and offline downloading.
Read More: Meta to Offer Ad-Free Subscription Plans For European Users
IAB Tech Lab Launches Two Working Groups for AI and Privacy Sandbox
IAB Tech Lab, an international body that develops technical standards for digital advertising, recently announced the formation of two innovative working groups. These organizations will be crucial in determining how advertising and digital media develop in the future. They are the Artificial Intelligence (AI) Subcommittee and the Privacy Sandbox Task Force. These duo-functioning groups will enhance AI in digital media and steer Chrome Browser’s Privacy Sandbox changes.
Background
Since its launch in 2019, the Chrome Privacy Sandbox has been extremely active. But Google Chrome says third-party cookies must be deleted by Q2 2022. However, the due date was advanced. Chrome third-party cookies are expected to perish in the second half of 2024. As the finish line keeps fading from view, it is becoming increasingly difficult for people to sustain their enthusiasm for post-cookie experimentation. But with the formation of the Privacy Sandbox Task Force, the IAB Tech Lab is on it. It will experiment with Chrome APIs and communicate its findings to the market. Below are some insights and goals that the AI and Privacy Sandbox working groups will look to fulfill.
Read More: Google’s Phasing Out of Third-Party Cookies: A Paradigm Shift in Digital Advertising
Privacy Sandbox Task Force
IAB Tech Lab established the Privacy Sandbox Task Force since the evolving Privacy Sandbox within Google’s Chrome browser represents a critical turning point for digital advertising. The specialist task force’s goal is to conduct a thorough technical and operational review of the upcoming Privacy Sandbox improvements and their implications for use cases in digital advertising.
The key objectives include:
Technical analysis
To comprehend the consequences for advertisers, publishers, and ad tech providers, the task force will explore the technical details of Google Chrome’s Privacy Sandbox enhancements. These will include the protected audience API and the Attribution Reporting API.
Operations Perspective
It will analyze operational changes that digital advertising stakeholders need to adjust to maintain consistency in the delivery, optimization, and measurement of digital ads.
Analysis of gaps
Using the Privacy Sandbox, it will analyze, comprehend, and document important advertising use cases that brands and publishers can benefit from. In addition, it will suggest improvements in order to fill any gaps.
Recommendations
To handle the changes the Chrome browser brings forth, it will provide practical advice and update current or propose new technological standards for the digital advertising ecosystem. Later this year, the Task Force will release its findings and suggestions for the industry.
Privacy Sandbox Task Force Members
All IAB Tech Lab members are invited to join the Privacy Sandbox Task Force. Moreover, participants from all international digital advertising stakeholders who have tested or studied the Privacy Sandbox proposals are encouraged to do so. In order to successfully navigate this enormous change in the advertising industry, collaborative engagement will be essential.
Read More: Advertisers Embrace Programmatic Advertising As Cookies Decline
Artificial Intelligence (AI) Subcommittee
The AI Subcommittee was established as a result of AI’s radical changes to the world of digital media. A small group of IAB Tech Lab Board members make up this subcommittee. It will focus on the fast-evolving AI technology and digital media landscape interface. The AI Subcommittee’s key objectives include:
Roadmap creation
Developing near-term, short-term, and long-term roadmap goals to address the effect of AI on the digital media ecosystem, with a preliminary focus on media companies.
Developing an ethical framework
By developing new technical frameworks and standards, it will address the ethical issues raised by the use of AI in the media. It will further ensure that user privacy protection, and content reliability and transparency.
Media Trends Analysis using AI
Doing a thorough investigation of AI-driven media trends, including deep-fake technologies, virtual reality, generative AI, and content recommendation algorithms.
AI Subcommittee Members
The AI Subcommittee is open only to IAB Tech Lab Board Members. It brings together data scientists, publisher executives, cryptographers, and technology leaders from publishers, agencies, and big tech platforms to work together on defining an informed, moral, and exciting future for AI in digital media.
Here’s what they said
Anthony Katsur, CEO of IAB Tech Lab said,
Given their worldwide market share of approximately 65%, understanding the shifts brought about by Chrome’s Privacy Sandbox development is crucial. AI is not just a technological tool; it’s a force reshaping our media landscape. Its impact extends across content creation, distribution, consumption, consumer privacy, and monetization. The AI Subcommittee is poised to assume a vital role in comprehending and directing Tech Lab’s AI roadmap to manage this evolution.
About IAB Technology Laboratory
The IAB Technologies Laboratory (Tech Lab) is a non-profit organization founded in 2014. It collaborates with a member community on a global scale to create the fundamental standards and technologies necessary for the development of the digital media ecosystem’s growth and trust. Digital publishers, advertising technology companies, agencies, marketers, and other member organizations make up the IAB Tech Lab. Furthermore, it focuses on solutions for brand safety and ad fraud, identity, data, and consumer privacy, ad experiences and measurement, and programmatic efficacy. Project Rearc, an endeavor for privacy-centric addressability, the OpenRTB real-time bidding protocol, the ads.txt anti-fraud specification, the Open Measurement SDK for viewability and verification, the VAST video specification, and other work are among its accomplishments.
Read More: Publicis Media, UK AOP To Test Privacy-Enhancing Technology (PETs)
Google Opens Automatically Created Assets Publicly to Boost Efficiency
Google has made the most recent improvements to the conversational experience and automatically created assets for Google Ads available to the public. More users will be able to employ AI to increase the effectiveness of marketing campaigns. The new capability is an effort toward automating the workflow for advertising. ACAs were previously restricted to marketers running English-language campaigns during open beta. The ACAs, however, are now offered in seven other languages. In the upcoming months, automatically created assets will begin utilizing generative AI for advertisers with English assets in the U.S. and U.K. Google’s goal is to assist marketers in producing more assets that are better suited to users’ search queries.
A quick look at Automatically Created Assets
Automatically created assets are an opt-in campaign-level setting. Advertisers can select this setting to generate new assets (headlines and descriptions) to be used with the ones they already submitted for responsive advertising. These materials are created based on the specific context of each advertisement, which includes the landing page, current advertisements, and the ad group’s keywords.
Benefits of automatically created assets
Performance
It improves the efficiency of responsive search advertisements (RSA) by automatically adding more headlines and descriptions.
Relevance
Consistently improve the user experience on landing pages, ad copy, and inquiry pages.
Productivity
Reduce the amount of time spent manually writing effective ad copy.
Increase in Automatically Created Assets
The extension of automatically created assets is one of the most prominent improvements. Based on the unique context of an advertisement, such as the landing page or previous advertisements, this function generates personalized headlines and descriptions. The aim is to increase the Ad Strength indicator, which measures the efficiency of ads in responsive search campaigns. Marketers can remove any ACA they feel is unsuitable for their advertising. This feature, which was first only available in English, has since been made available in seven more languages. French, Italian, Japanese, German, Portuguese, and Spanish are among them.
ACAs can boost ad relevance by matching ads and landing pages better. However, it entails handing over authority to Google’s AI. For brands with severe compliance rules or industries with heavy regulation, this might not be appropriate. This is because the company won’t have complete control over the message of the advertisement.
Read More: Google Boosts Performance Max with URL Contains Targeting Tool
Utilize ACAs to deliver better-suited search advertising.
Advertisers will have two choices to start employing automatically generated assets:
- Turn them on by using the campaign setting
- On the Recommendations page, locate the “enable automatically created assets” suggestions and simply follow the on-screen instructions to get started
Create better search campaigns with Google Ads’ conversational experience.
The most recent large language model (LLM) innovation powers the conversational experience in Google advertisements. With the use of this technology, advertisers may communicate with Google advertisements in natural language to create campaign pieces. Building search campaigns makes it possible to achieve greater results with fewer resources. All that is needed for a campaign is the advertiser’s website URL, and Google AI will generate the rest. They will receive headlines and pictures from it. Marketers can interact with AI during each session to change suggestions and approve them prior to launching the campaign. Google has won praise for saving time and inspiring fresh ideas for advertisers during beta testing now taking place in the United States and the United Kingdom. Google intends to improve these capabilities even more and send them out to more marketers in the upcoming months based on early feedback.
Google’s Ongoing Application of Generative AI
By offering a more automated and effective workflow, the new generative AI features coming to Google Ads seek to reduce the complexity of contemporary digital advertising. Advertisers should be able to quickly handle changing customer behavior and the increasing need for more individualized and successful advertising tactics thanks to these new technologies. Google’s AI-powered upgrades to its ad platform offer capabilities that might greatly speed up the production and placement of ads, making them more effective and targeted in a world that is becoming more automated.
Read More: Google Secretly Alters Ad Auctions to Boost Revenue Targets
Media.Monks Unveils AI Integration for Customized Content
S4 Capital’s solely digital operational brand, Media.Monks is introducing an AI product. It will integrate generative AI and machine learning into its software-powered production system. Additionally, it will support the delivery of highly customized content to customers in new media types. At the 2023 International Broadcasting Convention (IBC), NVIDIA, Adobe, and Amazon Web Services will present additional information on Media.Monks. The company uses strong software platforms, powerful GPUs, and cutting-edge networking technology to choose highlights from live transmission. Additionally, it will deliver customized information to certain online audiences. Brands and customers are expected to receive more personalized experiences, thanks to the partnership with NVIDIA.
AI Integation in Software-powered production system
MediaMonks’ software-driven production system is built to function remotely with a staff that is dispersed across. The method offers versatility by doing away with the requirement for broadcast appliances that are only used once. It also provides full-service consulting, production, and integration services. The solution captures live content on the spot and sends it to remote teams. Developed locally, through Amazon Web Services, it integrates edge ecosystem standards. It can easily adjust to the needs of delivering multi-format content across a range of new media formats, devices, and platforms. This method of live broadcasting reduces greenhouse gas emissions significantly.
- A geographically dispersed workforce and cloud redundancy further improve reliability. Additionally, it eliminates the requirement for single-use broadcast appliances while cutting expenses by an estimated 50% or more when compared to standard broadcast settings. The live broadcast production workflow that won the Excellence in Sustainability Award considerably cuts greenhouse gas emissions.
- Software-defined production, which is now available as a production, consulting, and integration service, lowers costs from conventional broadcast set-ups by an estimated 50% or more while increasing reliability through cloud redundancy and dispersed global staffing.
- The system can be effectively installed in the cloud on Amazon Web Services (AWS) in a conventional or edge ecosystem, or it can be deployed locally to let a quick team capture information locally for dissemination to remote teams.
Read More: LightBoxTV Extends Range with Total TV Solution for CTV Campaigns
Dedication to sustainability
Additionally, Media.Monks highlight its dedication to sustainability by pitching its remote service as a substitute for conventional broadcasting infrastructure. The concept however will need significant investment in transportation and physical infrastructure. At the 2023 NAB Show, the company received a trophy for excellence in sustainability awareness for reducing greenhouse gas emissions related to live production and broadcast operations.
Finally, Media.Monks’ incorporation of generative AI into their software-powered production system illustrates its commitment to providing clients with customized content while lowering costs and having a smaller environmental effect. By utilizing cutting-edge technologies, Media.Monks seek to remain on the cutting edge of the changing broadcast industry and offer a tailored and engaging experience for both advertisers and customers.
Here’s what they said
Lewis Smithingham, SVP of Innovation at Media.Monks, said
Our goal is to deliver a more personalised experience for consumers and brands as efficiently as possible. Fans are increasingly craving personalised content they can watch on non-linear channels, so we’re using the latest GPUs, networking technologies and software platforms from NVIDIA and AWS to build upon our next-generation broadcasting solution and deliver the content people most want to watch.
Bob Pette, Vice President and General Manager of Professional Visualisation at NVIDIA, added
The future of broadcast is AI-powered and software-defined. Our collaboration with Media.Monks will help deliver a more engaging and personalized experience for brands and consumers.
Read More: Criteo’s Commerce Max DSP Unites Retail Media with General Availability
Kofluence Unveils Kofinity, An Assured Path to Brand Partnerships
Prominent AI-led platform, Kofluence, has debuted Kofinity, its newest offering. It serves as a forum for emerging artists to collaborate with businesses. Every content creator who uses the product has the chance to earn money from their social impact thanks to brand partnerships. According to Kofluence, with the introduction of Kofinity, creators can concentrate completely on producing content and increasing brand visibility. Additionally, it will give creators the tools to monetize their passion.
Kofluence has executed over 1600 campaigns effectively across 30 verticals. They also claim to have 550k collaborators on board and a reach of over 6 billion people. Without a doubt, Kofluence is the pioneer in influencer marketing tools.
Kofinity for Creators
Kofinity gives creators a chance to develop business relationships with brand partnerships and earn profit. Through the website ‘kofluence.com/in‘, which will act as the main interface for these deals, the product enables consumers to get a free, distinctive URL. By partnering with brands, creators may profit from every purchase made through their unique link. Through social and messaging channels, users can share offers and promotions from brands with their followers. ‘Always-on’ campaigns allow creators and businesses to collaborate. Additionally, the business guarantees earnings on any purchases made using the customized link.
Kofluence further states that top performers on Kofinity can make more than INR 25,000 every week. Guaranteed selection for collaborations with minimal content development and no prior content review comes along with that. Getting premium offers typically involves meeting eligibility requirements or considering costs. Kofinity, however, enables content producers to communicate these offers to their audience. They can therefore readily and freely use them without meeting any such requirements.
Here’s what they said
Speaking about the launch Ritesh Ujjwal, CEO and co-founder, Kofluence said,
We’re thrilled to introduce Kofinity! With this launch, we’re confident that Kofluence is well-positioned to lead the charge in this rapidly evolving industry. We aim to foster India’s thriving creators economy by monetizing 100k influencers in the next 12 months, enabling creators on their journey to becoming creator-preneurs.
Sreeram Reddy Vanga, co-founder of Kofluence, stated,
As excited as we are about the launch, what I’m looking forward to is Kofinity being a means of self-sufficiency for all the budding creators. Kofinity is expanding its horizons beyond social media like Instagram and Youtube. Now, creators can easily share their offers and deals within their social circles through multiple social networking platforms by using their unique link.
About Kofluence
Ritesh Ujjwal and Sreeram Reddy Vanga founded Kofluence, a leading AI-driven influencer marketing platform in India. The platform’s powerful proprietary AI & ML powered platform, which lets brands and influencers generate revenue from their social influence, revolutionizes the Ad-tech sector. The company has utilized its extensive category experience to service over 400 companies across 30 industries. With the help of technology, Kofluence offers a technology-driven interconnected network where businesses and social media users may find and be found by one another, choose the partners they want to collaborate with and do so at transparent prices with no additional fees. Additionally, Kofluence provides a distinctive, feature-rich Brands App and Creators App that makes collaboration simple and allows for end-to-end campaign management.
Read More: 10 Game-Changing AI Tools for Digital Marketing in 2023
10 Game-Changing AI Tools for Digital Marketing in 2023
Welcome to the realm of artificial intelligence! In this day and age, where corporations are scrambling to embrace AI’s disruptive powers, it is only a matter of time before this expanding technology completely takes over our lives. AI has had a significant impact on our world today. It has transformed every industry. Digital marketing companies are more affected than ever. Through sophisticated business techniques, it is transforming the way these firms communicate with their clients and generating unparalleled success.
According to a Statista report, more than 90% of digital marketers in 35 countries use AI in their company’s operations. While businesses invest in AI capabilities, marketers are becoming more inventive in how they use this technology, from better targeting to content creation. The technology is becoming so prevalent that it is estimated that by 2028, AI in marketing revenue will reach $107 billion, up from $27.4 billion in 2023.
Many organizations now rely solely on AI solutions for advertising and marketing. Marketers in these fast-paced industries seek novel ways to reach potential clients. Still, considering AI in your business? Here are some data to help you decide.
AI is transforming every sector. We’ve looked at the importance of artificial intelligence in digital marketing and the tools you should utilize in the digital age. So, let us dive into AI, where creativity meets marketing. We will also uncover the limitless potential AI has to offer your organization to succeed in this ever-changing terrain.
AI in Digital Marketing
AI in digital marketing has helped make life and work easier and more efficient. Now, you might wonder how this technology can help marketers in their jobs. Here’s how:
- Streamline Tasks: It can automate difficult tasks like finding potential customers, creating content, and enhancing marketing campaigns, thus reducing manual efforts
- Personalization: AI has the ability to analyze and understand what customers want, their behaviors, and their needs, and formulate messages and recommendations accordingly.
- Understand customers: Marketers can use AI to analyze consumer trends from vast internet data.
- Chatbots: Customers can now have real-world conversations with AI chatbots like ChatGPT, Bard, etc. They can interact with virtual assistants to help them with queries or issues. This makes things easier for not only customers but for companies too.
- Forecast Future: AI analyzes historical data to predict future trends and market performance, allowing for more effective marketing campaigns.
- Target Ads: Analyzing customer data will help marketers to target ads efficiently. In simple words, the data can help to show ads to the right people at the right time, making the ads more effective.
- Competitor analysis: AI helps to understand how your competitors are performing, and what they are doing. This helps marketers to stay ahead of the competition and dominate the market.
AI Tools for Digital Marketing
Due to advancements in AI, hundreds of AI tools are available for you to choose from. But we have used and curated a list of ones you can implement in your business. Here are some AI tools you can use to take your business to the next level.
- AI Tools for Content Generation
- AI Tool for Content Optimization
- AI Tools for presentation
- AI tool for segmentation.
- AI tool for Campaign Optimization
- AI Tools for Email Marketing
- AI tools for SEO optimization.
- Video and image editing tools
- AI chatbot
1. AI tools for Content Generation
An important part of digital marketing, content generation means creating information or marketing material for a group of people. This can include images, texts, infographics, video, or audio files.
i. MarketMuse
Don’t you wish you had customized objective insights about your platform to avoid all the guesswork? MarketMuse offers exactly what you need! With this tool, you can analyze your existing keywords to find improvements during your research.
What’s To Love About?
- Automates content audit and deciphers the most effective strategy for you and your business.
- Saves 11+ hours of time that would otherwise be spent on manual content audits.
- Helps manage your SERP rankings.
- Gives you analyses of your competitors.
- Information about gaps in your competitors’ coverage for your business to exploit.
- Shows you what topics to include, the value they will bring, and how challenging it will be to rank,
- Prompts keywords with best ranking chance, content brief templates with SEO-optimized titles, sub-headings, meta description, and usable internal links.
- Now integrated with ChatGPT for accelerating the content process.
Available Plans
Free Plan, Standard Plan starting from $149/month, Team plan starting from $399/month
ii. Writesonic by Cohesive.so
Deciding on topics and outlines for blogs is time-consuming. Add to that, writer’s block hinders a streamlined writing process. Writesonic helps you overcome all that, but also generates an entire blog in seconds. You can ask it to summarize the entire blog in a few sentences, change the tone of voice, and even upload high-resolution images from Unsplash.
What’s to Love About?
You can choose from a variety of options, including:
- 150 different templates
- 100+ AI images and 10+ AI voices
- Up to 5 integrations with unlimited PDF and audio downloads
- 10 different languages to compose, rephrase, and more
- Connect your WordPress account to publish your content directly
And the cherry on top? It’s completely FREE!
We experimented with the tool to know more about it! Here’s a prompt we put in:
Instagram caption for the role of AI in digital marketing
iii. Hemingway
Want to get all Grammarly benefits, but do not want to pay for a subscription? Look no further. Hemingway is the most suitable alternative to Grammarly. Different color markings show you opportunities to improve your writing. It even offers suggestions for condensing your sentences for better readability.
Another FREE tool? Sign me up!
2. AI Tool for Content Optimization
It is the process of improving your digital content, be it on the website page, blog posts, videos, and social media to increase its value and make it more relatable to your target audiences. The main objective of content optimization is to make your content visible, engage with your audience, and ultimately drive more traffic, conversions, and revenue.
i. Alicent
Do you find the content written for your website or campaign too generic and basic? Do you want a specific product to sell more or target a specific set of audiences? Alicent is here for that purpose. This tool, powered by ChatGPT helps optimize your content and even offers prompts for various use cases. It saves you time and provides a structured format for your website. Just put in your ideas at the prompt and get instant results with strategies to work with.
What’s To Love About?
- Alicent hosts a curated library of 250+ templates to choose from.
- It is supported by 50+ languages so don’t be afraid to reach other demographics.
Here’s how it works!
We have two words for this: freaking cool!
3. AI Tools for presentations
i. Gamma AI
Creating vibrant and appealing presentations is no longer a headache! With Gamma AI, you can design, customize, and choose templates from a range of available themes.
What’s to Love About?
It’s literally an advanced chatbot for presentations! You can save hours of work by designing and customizing entire slide decks with AI. All you have to do is specify the topic of your presentation. The tool creates an entire presentation within seconds!
- Enjoy endless image choices thanks to integrated apps like Unsplash, Giphy, Vimeo and many more.
- Equipped with changing the tone of voice to better suit your target audience.
- Get insights to understand which part of the presentation fascinated your clients the most
- Analysis helps determine potential areas for improvement within the business.
We tried using it to make you life easier! Might we just say, how cool was it!
Available Plans
The Free plan offers unlimited user collaboration and slide decks with basic analytics. The Plus plan starts at $8 per month. Head over to Gamma AI to design beautiful and personalized presentations!
4. AI Tools for Audience Segmentation
Audience segmentation is done to divide a large and diverse group of people into smaller and more manageable segments on the basis of shared interests, preferences, demographics, and other factors. This allows advertisers to target and customize campaigns for the segments effectively.
i. Spatial.ai
What is Spatial.AI, you wonder? No, it’s not about space! But it’s an AI tool that predicts and influences customer behavior in real time. The tool analyzes activities in the social, mobile, and web landscape and provides perceptive insights and data about consumer behavior.
What’s To Love About?
The major benefit is location-based segmentation. It also provides answers to your questions “what are my customers like?” or “what is the social activity in the area like?”
- They offer geosocial segmentation rather than just demographics based on consumer patterns.
- Data can be used to draft a campaign strategy by separating users into niche cohorts.
- Competitor analysis to see which market share you are competing for
- Targeting specific customer segments to improve social media engagement
- Campaign optimization based on real-time data
Available Plans
You can only sign up for the Freemium package after you request a demo.
5. AI Tool for Campaign Optimization
Campaign optimization, in simple terms, means improving digital advertising performance by adjusting certain aspects like keywords, interests, targeting strategies, ad copy and so on. This is to get desired business results.
i. Peachly.ai
AI tools like ChatGPT, DALL-E2, and Copy-AI are all fused into one. That is what Peachly.AI is! It features an advanced artificial intelligence tool for creating, targeting, and optimizing your ads. With Peachly.AI, you can breathe easily while launching a campaign. Your business can achieve maximum results with cutting-edge technology.
What’s To Love About?
All you have to do is input your ad account, and budget, and sit back. Peachly.AI will handle the rest, from setting up the campaign to optimizing it for maximum output. Here’s how to streamline the advertising process:
- Upload the website link you want to promote to Peachly.AI
- The AI will then crunch through the data, and deliver the most effective targeting strategies. Additionally, it will also draft engaging ads that reach your target audience.
- The tool will review it to make sure the ads meet industry standards and your marketing goals.
- The ads will then be published on your linked accounts.
- The tool will continuously monitor and optimize your ads for maximum results.
Available Plans
The platform offers a 7-day free trial. The starter pack starts at $29 per month, and the AI accelerator pack starts at $37 per month.
6. AI Tool for Email Marketing
A digital marketing approach which involves sending out messages and promotional content to a group of people through emails. It is the most powerful channel available to marketers that allows businesses to interact with customers directly.
i. Smartwriter.ai
Smartwriter.AI is an email marketing and outreach tool that provides templates for drafting emails. The tool generates customized email messages and headlines depending on the consumer’s profile.
What’s to Love About?
Technology scrambles through the web in search of the consumer or company your business wants to target. Businesses can obtain audience profiles from LinkedIn to draft customized messages that pique the client’s interest.
- Consists of a feature that allows businesses to personalize messages based on the target’s company news, case studies, blogs, and website.
- Provides outlines for emails, blogs, product descriptions for Shopify products, and SEO-optimized meta titles and descriptions to rank higher.
- Assists with keywords that help increase email reach and opens rather than directly marking it as spam.
Here’s an experiment we tried with this tool!
Catchy Intro Lines for sending emails to digital marketers to start using AI tools
Available Plans
The tool offers a 7-day trial. After that, the Basic plan starts at $49 per month and the Popular plan starts at $124 per month.
7. AI Tool for SEO Optimization
Search Engine Optimization (SEO) is the practice of increasing the visibility of a website on search engine results pages. Technical and content adjustments are made to the website or any readily accessible content in order to enhance traffic and ranking.
i. GrowthBar SEO
A content generation automation tool that suggests keywords to be included in a blog post. It’s a dream haven for digital marketers! GrowthBar SEO is the SEO optimization tool you need to use today.
What’s to Love About?
Consequently, in order to rank higher in SERPs, the bots scan the internet for qualified keywords.
- It assists with keyword research and rank tracker.
- Helps with blog post generator prompts and outlines for meta descriptions, newsletters, press releases, and more
- Provides a Chrome extension with extensive backlinks.
- Utilizes GPT-3 model developed by OpenAI for content generation
With this AI tool, we wanted to understand which keywords would work the best.
Available Plans
GrowthBar SEO offers a 14-day free trial. Moreover, the standard plan starts at $29 per month whereas the Pro plan costs $79 per month.
8. AI Tool for Image and Video editing
i. Craiyon.ai
Image creation is now easy! Create AI-generated images for nothing. All you need is an idea to write a prompt. Craiyon.ai will generate it within minutes.
Here in the example, we input a prompt to create an image of a business meet under the sea. The results were fascinating!
9. AI chatbot
i. Perplexity
We all know ChatGPT. But have you heard of Perplexity? It is a chatbot that goes further from ChatGPT.
What’s to Love About?
- Gives you instant results for your queries.
- Gives you cited articles related to your search request.
We even gave this tool a try to help you decide better!
Isn’t that amazing? It saves you time looking for sources to cite and helps you to focus more on the job at hand!
Available Plans
It costs nothing! Furthermore, you can choose their premium plan which costs $20 per month to avail of more features like Copilot and GPT-4.
Conclusion
Artificial intelligence in digital marketing has proven to be a boon. AI tools are not meant to replace humans’ creativity and intuition. AI provides valuable insights. Therefore, it’s up to marketers to use these insights and data to create campaigns that resonate with their audiences. Businesses can achieve remarkable results with AI and human expertise. It’s time for you to step up your digital marketing arsenal with these game-changing tools to dominate the competition in 2023!
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UAE’s G42 Unveils ‘Jais’, A Powerful Open-Source Arabic AI Model
G42, the Abu Dhabi-based tech conglomerate focusing on AI announced the launch of a novel Arabic Large Learning Language Model (LLM) open-sourced by AI. The collaboration took place with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). The partnership between MBZUAI and Cerebras Systems produced the name “JAIS,” inspired by the highest peak in the UAE. A large collection of data blending Arabic and English, including some from computer code, was used to create the 13 billion parameters that make up the fresh native LLM model. It is also trained on datasets with 395 billion tokens in Arabic and English. It intends to educate 400 million Arabic-speaking people about AI’s potential. The dataset comprises 279 billion English word tokens to improve performance across languages and 116 billion Arabic tokens that reflect the diversity of the Arabic language.
Today, we are excited to announce the launch of Jais, the world’s highest quality open-source Arabic large language model (#LLM) and a collaboration between Inception, a G42 company,@MBZUAI & @CerebrasSystems. pic.twitter.com/fsMV4SHp1g
— G42 (@G42ai) August 30, 2023
How did Jais come into existence?
Cerebras Systems developed the new language model using supercomputers. It produces chips the size of dinner plates that compete with NVIDIA’s powerful AI gear. Due to the current shortage of NVIDIA processors, businesses worldwide are looking for alternatives. G42 has a subsidiary called Inception. Due to the dearth of Arabic data, the team trained the Jais model’s capacity to reason with computer code using only English language data. To give exclusive access for testing purposes, Inception and MBZUAI formed an academic relationship with several institutions. Academic collaborators include Carnegie Mellon University, The University of Edinburgh, Sorbonne Paris Nord-LIPN, NYU Abu Dhabi’s CAMeL Lab, and others. The initiative was started by a group that included academics and engineers since they claimed there weren’t many bilingual LLMs.
The Condor Galaxy (CG-1) supercomputer owned by Cerebras served as the model’s training ground. CG-1 is a part of a network of nine connected supercomputers. G42 and Cerebras Systems presented the same in July. Their supercomputers present a novel method for AI computation that promises to drastically shorten the time required for model training. Customers can benefit from the efficiency of an AI supercomputer using the CG-1 cloud service from Cerebras and G42 without having to oversee or deploy models across physical systems. Cerebras stated this year that it had sold three units to G42. The first will be delivered in the coming months and the remaining two in 2024.
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How will Jais be used?
Jais will speed up innovation and strengthen Abu Dhabi’s reputation as a center for AI research, cultural preservation, and international cooperation. Through the open sourcing of Jais, Inception hopes to involve the academic, research, and developer communities. This will be done to hasten the development of a thriving Arabic language AI ecology. The language performs far better than current Arabic models and is equally viable with English models of comparable size. Other underrepresented languages in mainstream AI can use it as a model.
Several institutions will also use Jais. They include the UAE Ministry of Foreign Affairs, the UAE Ministry of Industry and Advanced Technology, the Abu Dhabi Department of Health, Etihad Airways, the First Abu Dhabi Bank (FAB), and e&. Currently, users can download Jais via Hugging Face. After registering their interest on the Jais website, users can try Jais online. They can also receive an invitation to enter the outdoor setting.
Challenges facing the new LLM
The scarcity of high-quality Arabic language data available, as compared to English, presented one of the difficulties in training the model. By using media, social media, and code, Jais uses both the widely accepted current standard Arabic and the various spoken dialects of the Middle East.
Additionally, Gulf monarchies’ desire to lead in AI has raised concerns about elites abusing the technology. The most cutting-edge LLMs available right now, such as GPT-4, which drives OpenAI’s ChatGPT, Google’s PaLM, which powers its Bard chatbot, and Meta’s open-source model LLaMA, are all capable of comprehending and producing text in Arabic. According to Andrew Jackson, the Arabic components are watered down in current models that operate in up to 100 languages.
Jais beats Falcon as well as open-source models like LLaMA, which have previously defined Arabic accuracy. Falcon’s software, according to its creators, has not been preconditioned in Arabic. The Jais model also takes a closer look at the culture and setting of the region, as opposed to most US-centric models. The model underwent rigorous testing to screen out any potentially dangerous, delicate, offending, or illicit material that did not adhere to the organization’s principles.
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Here’s what they have to say
Andrew Jackson, CEO of Inception said,
We believe that innovation thrives when we collaborate. With this release, we are setting a new standard for AI advancement in the Middle East and ensuring that the Arabic language, with its depth and heritage, finds its voice within the AI landscape. Jais is a testament to our commitment to excellence and our dedication to democratizing AI and promoting innovation.
He further said,
The UAE has been a pioneer in this space (AI), we are ahead of the game, hopefully. We see this as a global race. Most LLMs are English-focused. Arabic is one of the largest languages in the world. Why shouldn’t the Arabic-speaking community have an LLM?
MBZUAI President and University Professor Eric Xing said,
Developing such a high-caliber Arabic LLM demanded cutting-edge AI research in addition to an in-depth and nuanced understanding of the Arabic language, its diversity and heritage, and the growing importance of LLMs across all echelons of society. Thanks to our research and partnerships with Inception and other top regional and global organizations, MBZUAI will continue pioneering LLMs that are efficient, effective, and accurate.
Andrew Feldman, co-founder and CEO of Cerebras Systems further added,
Our strategic partnership with G42 is already delivering pioneering results. A few weeks ago, we introduced the first multi-exaFLOP AI supercomputer, Condor Galaxy 1 (CG-1). Now, the partnership delivers another key breakthrough: the leading Arabic LLM for the open-source community. At Cerebras our passion is building groundbreaking technology. One of the great rewards is seeing the innovative ways it is used. Jais is a significant contribution to the international open-source community. It is also a testament to how incredibly easy CG-1 is to use and how it enables extremely rapid AI model development.
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YouTube & Music Industry Forge AI Alliance for Artist Protection
Artificial Intelligence (AI) is advancing more quickly than ever. Along the process, it is fostering innovation, igniting fresh perspectives, and even changing entire sectors. It is clear that YouTube aggressively accepts this technology with a persistent commitment to accountability at this pivotal juncture. Over 1.7 billion people have watched YouTube videos about generative AI so far in 2023. Neal Mohan, the CEO of YouTube, has underlined the necessity of carefully utilizing its potential. He also discussed the platform’s AI music guiding principles and his expectations for how the system will support artistic expression while safeguarding platform artists.
P1# Ethical Adoption with Strategic Collaborations
With its ability to bring together fans from all over the world, produce famous videos, and introduce new artists, YouTube has long been associated with music. Its collaboration with the music business resulted in the development of YouTube Music and YouTube Premium subscription services, novel international live-streaming abilities, and vigilant copyright protection for artists. Although it has long been connected to music and copyright protection, advances in generative AI have made content regulation more challenging than ever. By listening to an artificially-created cover of a well-known song, one may see how technology is developed. One can wonder if the original artist, the creator of the AI, or the data used to train the model should receive credit.
Millions of individuals are incorporating AI into their daily lives as a result of the rapid breakthroughs in the field. AI. As revolutionary new forms of creativity are unlocked by generative AI, YT, and its collaborators in the music business concur to expand on our long history of working together, appropriately embracing the quickly developing field. YouTube’s goal is to collaborate with the music business in order to foster creativity in a way that advances their shared goal of ethical innovation. Recently, YouTube developed a framework to innovate and protect artists’ work in collaboration with peers in the music industry like Universal Music Group. It unveiled Music AI Incubator, a platform designed to make use of this innovative field.
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P2# Safeguarding and Amplifying Music Partner Opportunities
Working with the industry leader and tremendous talent roster of Universal Music Group, they are launching the program. YouTube will put together well-known artists from around the world to gain an understanding of generative AI trials and research. OneRepublic’s Ryan Tedder, a three-time Grammy Award winner for songwriting and production, Yo Gotti, a renowned rapper and philanthropist, and the estate of American musical legend Frank Sinatra are just a few examples of these luminaries. YT will be able to learn from these bright individuals as it conducts tests and research on generative AI.
The goal is to strike a balance between originality and protecting copyright ensuring artists are compensated for their labor. As AI encourages a new era of artistic expression, YT continues to uphold its tradition of protecting the creators’ work. Investment in content management tools like Content ID has helped the industry generate income, AI offers a chance to rethink these safeguards. Over the years, they have made large investments in the infrastructure. It aids in balancing the needs of copyright owners with those within the YouTube creative community.
P3# Elevating Trust in AI Advancements and Safety Measures
Years of policy development and trust building have put YT in a position to expand its protections to AI-generated material. They have established content policies and a reliable and secure organization that lead the industry. These are also being used as safeguards for AI. Current issues including misuse of trademarks and copyrights, false information, spam, and more could be made worse by generative AI systems. The use of Content ID policies, detection and enforcement systems, and other tools keep their platforms secure on the backend. They will be able to better safeguard their community of viewers, producers, artists, and songwriters.
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Harmonizing AI and artistry
In a separate article, Sir Lucian Grainge, Chairman and CEO of Universal Music Group, also discussed his views on AI in the music industry. Digital modification, which some people formerly viewed with skepticism, has given rise to unrestricted creativity. If the market finds the appropriate balance, Grainge believes that generative AI will have an even greater impact. AI is not devoid of its dangers. Additionally, the technology could misappropriate and impute an artist’s distinctive qualities. To guarantee the independence and recompense of artists, Grainge underlined the necessity for infrastructure, creative alliances, scalable distribution, and safeguards.
He stated in the blog:
Today, our partnership is building on that foundation with a shared commitment to lead responsibly, as outlined in YouTube’s AI principles, where Artificial Intelligence is built to empower human creativity, and not the other way around. AI will never replace human creativity because it will always lack the essential spark that drives the most talented artists to do their best work, which is intention. From Mozart to The Beatles to Taylor Swift, genius is never random.
This demonstrates how firmly YT believes in AI to revolutionize and reinvigorate creativity. The three guiding principles of YT’s CEO create a strong basis on which the entire industry may flourish and push the limits of what is artistically possible. As it continues to progress, content producers and marketers may now produce content of a better caliber while still upholding the integrity and authenticity of the original content creators. They’ve unlocked Pandora’s box AI to boost innovation globally. Furthermore, they are aware that the success of YT and its assurance of artificial intelligence depends on the success of its partners.
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