The aim was a similar short-form video service to become more competitive in the space and slow down ad share losses.
"This is a key leading indicator for monetization, and any incremental results from AI-driven targeting and measurement would accelerate the market share shift."
In a digital advertising market where growth is limited, the battle for market share gains is critical.
TikTok's AI strategy TikTok has seen a quick rise in viewership by virtue of predictive AI for content recommendation.
TikTok advertisers can place ads through the platform's TikTok Ads Manager , offering automatic audience targeting and measurement tools.
Persons:
TikTok, Debra Aho Williamson, Instagram, Aho Williamson, Rohit Kulkarni, Roth MKM, Kulkarni, Roth MKM Kulkarni, Oppenheimer, That's, Brad Erickson, Meta, Erickson, Meta's, Mark Zuckerberg's, Roth, Joe Biden, it's, we're, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique, Lightrocket
Organizations:
Facebook, TikTok, Meta, Insider Intelligence, Apple, CNBC, JMP Securities, RBC Capital, Citi, —, Oracle, Getty
Locations:
Beijing, Instagram, U.S, Montana