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AiAdvertising Announces Partnership with Genus AI

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AiAdvertising, Inc. (AIAD) announced a License and Development Agreement with Genus AI on April 8, 2022, to integrate advanced technology into its platform, enhancing micro-audience targeting for video ads on YouTube and TikTok. This collaboration aims to automate predictive video image generation using user-generated content, aligning with the rapid growth of TikTok, which boasts over one billion active users.

Furthermore, the partnership will facilitate auto-creation of ad recommendations, significantly improving efficiency in digital marketing strategies.

Positive
  • Partnership with Genus AI allows for advanced micro-audience targeting on major platforms.
  • Integration of user-generated content for predictive video generation enhances advertising capabilities.
  • Access to TikTok's user base supports significant growth potential in digital ad spend.
Negative
  • None.

License and Development Agreement will enable AI-generated video ads for YouTube and TikTok

SAN ANTONIO, April 08, 2022 (GLOBE NEWSWIRE) -- AiAdvertising, Inc. (AIAD), an artificial intelligence (AI) and machine learning (ML) data science and technology company, announced today that it has entered into a License and Development Agreement with Genus AI.

“The partnership announced today will lead to the full integration of Genus AI’s technology into our platform, enabling us to provide unprecedented levels of micro-audience targeting of video-based creative across Meta (formerly known as Facebook) and Instagram,” said AiAdvertising CEO Andrew Van Noy.

In addition, AiAdvertising and Genus AI will co-develop the automation of predictive video image generation leveraging user generated content from influencers. This will be activated on TikTok and YouTube, which are currently the fastest growing channels of digital media ad spend. This co-development will include the application of new deep learning models optimized for handling user-generated content.

According to Hootsuite, TikTok has over one billion monthly active users. A staggering eight new users join TikTok every second, with an average of 650,000 new users joining daily.

“Additionally, this partnership will enable our Ai Ad Platform to auto-create and scale recommendations on clients’ existing creative ad designs,” added Van Noy. “As we automate AI workflow processes and we further build out our digital media libraries, we see a clear pathway to offering clients fully-automated, synthesized video creative.”

“The Ai Ad Platform is clearly one of the most innovative, efficient and advanced solutions for marketers today,” added Dr. Tadas Jucikas Founder and CEO of Genus AI. “We look forward to working closely with their team to provide an unrivaled solution in todays market and continue to lead innovation.”

About Genus AI

Genus AI is a San Francisco based MarTech provider. The AI-powered growth platform enables brands of any size to automatically generate ad creatives and pre-determine which creatives will likely perform best on social media. Furthermore, it allows brands to model highly targeted, emotionally intelligent audiences.

About AiAdvertising

AiAdvertising is an artificial intelligence (AI) and machine learning (ML) data science and technology company. Our flagship solution, the Ai Ad Platform, is the digital ad industry's first cloud-hosted ad management platform that leverages AI, enabling marketers to eliminate waste, predict winning creative, dynamically scale creative, generate more leads, acquire more customers, and increase ROI.

For more information about the Company, please visit www.AiAdvertising.com, LinkedIn, or @Go_AiAd.

Forward-Looking Statements

This press release may contain “forward-looking statements.” Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2020. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as may be required under applicable law.

Press Contact:

AiAdvertising, Inc.
Tel: (800) 673-0927
communications@AiAdverstising.com


FAQ

What is the significance of the License and Development Agreement between AiAdvertising and Genus AI?

The agreement will enable AiAdvertising to enhance its platform with advanced audience targeting and automated video ad generation, improving marketing efficiency.

How does TikTok's user growth impact AiAdvertising's business strategies?

With over one billion monthly active users, TikTok's growth provides AiAdvertising a vital channel to leverage for expanding its digital advertising offerings.

What features will the Ai Ad Platform gain from this partnership?

The Ai Ad Platform will gain micro-audience targeting capabilities and automation for creating ad recommendations based on existing creative designs.

When was the agreement between AiAdvertising and Genus AI announced?

The agreement was announced on April 8, 2022.

What does AiAdvertising aim to achieve with user-generated content?

AiAdvertising aims to utilize user-generated content to automate and improve the predictive video image generation process, enhancing ad effectiveness.

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