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Meta announces generative AI-powered product suite for ads

May 11, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Meta has introduced a set of AI-powered advert instruments, Reuters reported Could 11.

AI sandbox

Meta, which owns Fb and Instagram, introduced a set of merchandise referred to as AI Sandbox throughout an occasion in New York.

The brand new set of instruments makes use of generative AI — or AI able to creating content material — to supply textual content and pictures for on-line ads.

The characteristic is presently out there to a small however unspecified variety of advertisers. Different advertisers will acquire entry to the instrument in July, and a few of the options could possibly be added to different promoting merchandise by the tip of 2023, Meta mentioned.

Although Meta has not publicly introduced AI Sandbox, the corporate revealed a weblog submit on its web site detailing different ad-related AI developments.

Within the submit, the corporate mentioned it’s utilizing a separate instrument referred to as Meta Lattice to boost advert efficiency, noting that it might “additional iterate” on that instrument.

Meta ramping up AI efforts

Meta CEO Mark Zuckerberg hinted at promoting alongside different makes use of for AI throughout an earnings name in April.

In that decision, Zuckerberg additionally advised that Fb may use or is presently utilizing AI in content material discovery, buyer assist, and extra.

The corporate additionally attracted consideration when Fb’s LLaMA language mannequin leaked to the general public in March. That code leak tremendously benefited the open-source group, in accordance with statements from a Google engineer earlier this month.

The submit Meta declares generative AI-powered product suite for advertisements appeared first on CryptoSlate.

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