Are you tired of irrelevant ads that pop up on your screen? Well, you're not alone. The advertising industry is always looking for ways to make their campaigns more effective, and AI might just be the answer they've been looking for. In fact, the world's biggest ad agency, WPP, is betting big on AI, with the help of tech giant Nvidia.
Nvidia is a California-based technology company that designs graphics processing units (GPUs) for the gaming and professional markets. But their GPUs are also perfectly suited for AI applications, thanks to their ability to process large amounts of data at incredible speeds.
WPP has created an AI platform called Horizons that uses Nvidia's GPUs to analyze vast amounts of data, from social media posts to consumer behavior patterns, to create truly personalized advertising campaigns. The platform also uses natural language processing and machine learning to understand the nuances of language and to generate better creative ideas.
Horizons has already been used by some of the world's biggest brands, including Ford and Unilever, and has delivered impressive results. According to WPP, one of their clients saw a 45% increase in engagement and a 67% increase in conversions thanks to the personalized ads created by Horizons.
The traditional way of creating ads involves A/B testing and trial-and-error, which can be time-consuming and expensive. But with AI, advertisers can analyze vast amounts of data in real-time and create highly targeted campaigns that resonate with consumers on a deeper level. AI can also help brands stay ahead of the competition by predicting future trends and identifying new customer segments.
As the advertising industry continues to evolve, it's clear that AI will play a major role in shaping its future. And with companies like WPP and Nvidia leading the way, the possibilities are endless.
Reference: https://www.cnn.com/business/article/worlds-biggest-ad-agency-ai-nvidia/index.html
Curated by Team Akash.Mittal.Blog
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