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The co-founder of DreamWorks, Jeffrey Katzenberg, the venture capital fund, a Co-A managed a 15.5 million dollars series in round For Creify, a AI video advertising platform.
Creify’s Admax platform uses AI to quickly generate dozens of video advertisements, which are oriented towards social media marketing – Admax Analysis of highly efficient social video campaigns on applications like Tiktok and Instagram to shape its release.
Titans of the technological industry were optimistic about AI advertising. The meta-PDG Mark Zuckerberg recently talked about its ambitions to automate all advertising with an AI announcement tool, which would test thousands of announcements on Facebook, Instagram and users of threads.
This degree of automation may seem drastic, but it is not a fatal conclusion. While Katzenberg has been a framework for the entertainment industry since DVDs were invented, his bets are not always correct – he was also the founder of QuibiThe short video platform that has sadly raised $ 1.75 billion and close Six months later.