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WhatsApp Sting: Dentsu CEOs secretly fed chat intel to CCI amid probe
Amidst all the layoff news, Google has now added 30000 employees to the running tally. The tech giant is planning to let go of 30000 employees from its ad sales unit after its recent advancements in artificial intelligence said president of the Americas and global partners Sean Downey last week. As per a news report, new innovations can automatically suggest and create ads for customers, requiring basically, no human intervention. This development renders the ad sales unit essentially redundant.
This AI-powered innovation called Performance Max was launched in 2021 by Google. Through updates and inclusion of Generative AI-based features, the planner is able to create custom ads.
Advertisers have been rapidly adopting Performance Max to sell ads for Google services like YouTube, Gmail, Discover, Search, Maps, etc.
Earlier this year, Google fired 12000 employees, making the exodus, the biggest in the company’s history.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.