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Amplifying the Power of Creatives with AI

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Yahoo Creative Unites Three Key Elements to Transform Ad Creatives and Achieve Marketing Goals

TAIPEI, Oct. 25, 2024 /PRNewswire/ — Artificial Intelligence (AI) is reshaping the creative landscape of digital advertising and revolutionizing the interaction between brands and consumers. But what do advertisers and consumers think about AI? How can it “build trust” and “enhance the consumer experience” in digital advertising? According to a study by Yahoo and Publicis Group, a significant gap exists between advertisers and consumers regarding their understanding and perception of AI. Notably, 77% of advertisers believe AI will positively impact society and view it as the next major wave of technology. While AI tools are widely used for marketing applications, including creative development and performance optimization, most advertisers acknowledge that AI contributes to business growth. In contrast, consumers are more cautious, with only 38% believing AI will have a positive societal impact. Most consumers feel that AI requires better regulation and fact-checking, though they recognize its potential in advancing scientific development.

As a company driven by innovation, Yahoo has long utilized AI extensively across its services and continues to explore new ways to enhance the customer experience. This includes the seamless integration of AI into products such as Yahoo Mail and Yahoo News, which significantly improves the accuracy of news recommendations and optimizes content through concise summaries. This allows users to receive information tailored to their interests. In the realm of digital advertising, Yahoo leverages its comprehensive Yahoo Creative solutions to enhance ad creativity with AI, making ads more appealing and helping advertisers achieve their marketing goals.

78% of Marketers Believe AI Will Make Ads More Impactful

AI not only assists teams in developing creative advertising tools, improving efficiency and generating higher-quality content, but it also helps advertisers produce more creative elements in less time to meet consumers’ demands for diverse and personalized ad experiences. Roger Li, Senior Director of Yahoo Creative APAC, explained that AI’s ability to handle repetitive, routine tasks allows creatives to focus on more critical, innovative, and strategic work, such as brainstorming, idea generation, and exploring more effective applications of AI. Moreover, AI enhances data analysis, predictive insights, and optimization capabilities through machine learning and deep learning, resulting in improved ad performance. According to study, 78% of marketers believe AI can help deliver the right ad content to the target audience at the right time and place, transforming interactions between brands and consumers. Additionally, AI enables real-time content adjustments and ultra-personalized ads, fostering deeper emotional connections with audiences and effectively increasing consumer engagement while achieving a better return on investment (ROI). Furthermore, 50% of consumers are open to AI recommending products and providing ads relevant to their interests.

As consumers’ perceptions of AI continue to evolve, advertisers must use AI responsibly to build consumer trust. Research shows that opinions on the use of AI-generated images in advertising vary significantly. The least accepted are AI-generated “human likenesses,” with only 37% of consumers expressing comfort with these images. Following this, 50% of consumers are receptive to “AI copywriting,” indicating that content quality is more important than the creator or method. The most accepted category is “background images,” with 60% of consumers feeling comfortable with AI-generated backgrounds. However, only 44% of consumers are comfortable with fully AI-generated visuals, highlighting ongoing skepticism about visual storytelling driven entirely by AI. This study underscores the importance consumers place on balancing innovation with authenticity.

Next-Generation AI Marketing Tools: The Three Key Elements of Yahoo Creative Are Changing the Face of Ad Creatives 

Yahoo continues to explore AI in all aspects of creative development, integrating it into the Yahoo ecosystem to provide unique advertising services tailored to brands’ needs. In 2024, Yahoo Creative was launched globally as an all-in-one solution featuring three key components: AI-powered creative tools, expert human services, and a modern advertising platform that ensures unrestricted creative delivery. The generative AI capabilities within Yahoo Creative can quickly produce creative copy and dynamic content, streamlining workflows and accelerating development. Leveraging deep learning, Yahoo Creative also analyzes and optimizes personalized ad experiences. Yahoo is committed to balancing AI-driven solutions with human creativity, maintaining quality and relevance, and ensuring that creative ads are trusted by both advertisers and consumers.

Yahoo Creative enables the creation of flexible and adaptable ads while supporting various formats, including long videos and multi-image carousel ads. It tailors ads to meet diverse marketing needs, effectively connecting messages with consumers and delivering excellent ad performance for brands. This Valentine’s Day, Yahoo Creative helped brands in Taiwan achieve remarkable results. Bulgari Taiwan promoted its special Valentine’s Day products using carousel ad images, recommending suitable items and incorporating 3D interactions to enhance user experience, resulting in a 26% increase in click-through rate (CTR) and more than double the interaction rate compared to previous campaigns. Meanwhile, Yahoo Taiwan Shopping utilized Yahoo Creative’s AI tools to select the most appropriate products and precisely target audiences for high-end Valentine’s Day items, doubling the CTR compared to traditional multi-image carousel ads.

AI has become a crucial tool for enhancing creativity and marketing efficiency in today’s digital landscape. Brands and advertisers should collaborate with trusted partners to accelerate the creation of creative ad content, strengthen emotional connections with audiences, and make ads more adaptable and personalized. This approach can effectively shorten the distance between brands and consumers, increase interaction and satisfaction, and help achieve marketing goals.

 

 

 

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SOURCE Yahoo

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WSPN Names Austin Campbell CEO of WSPN US to Drive Stablecoin Innovation and Expansion

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SINGAPORE, Oct. 25, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (“WSPN”), a leading digital payments and the issuer of Worldwide USD (“WUSD”), today announced the appointment of Austin Campbell as CEO of WSPN US. Mr. Campbell brings extensive experience in stablecoin markets and digital asset strategy to his new role, including running stable value products at JPM and Citi, managing reserves and risk for the Paxos stablecoins (BUSD, USDP), and having helped to design PYUSD. This appointment signals WSPN’s commitment to building first class financial products and revolutionizing the world of payments with its “Stablecoin 2.0” vision to deliver faster, cheaper, and safer transactions for all.

Building on his significant contributions as Head of Strategy, where he was instrumental in shaping WSPN’s strategic roadmap and identifying new market opportunities for WUSD, Mr. Campbell will now lead the effort in bringing this vision to the US market and beyond. His primary focus will be on:

Driving the adoption of WUSD: Leveraging his deep understanding of the stablecoin ecosystem, Mr. Campbell will lead initiatives to establish WUSD as a leading solution for businesses globally.Leading treasury and risk management: Mr. Campbell will leverage his expertise to ensure the stability and security of WUSD, building trust and confidence among users and partners on a global scale.Building a world-class user experience: Mr. Campbell will oversee the development of user-friendly products and services that simplify the use of stablecoins for everyday transactions, regardless of location.Fostering strategic partnerships: Mr. Campbell will cultivate relationships with key players in the financial and technology sectors worldwide to expand WUSD’s reach and impact.

“I am incredibly excited to become the CEO of WSPN US,” said Mr. Campbell. “Stablecoins are key to improving the global financial system. We intend to build the best products for consumers and end users, creating a fair system where people control their own money and have global access to dollars. Our goal is to bring world-class user experience to stablecoins, where many users making payments in dollars won’t even have to think about the fact that they’re using blockchain technology. With WSPN, we’re committed to building a better economic model that fosters a virtuous cycle of adoption, benefiting the entire ecosystem.”

Prior to joining WSPN, Mr. Campbell was the founder and managing partner at Zero Knowledge Consulting, advising on market structure and risk management within the crypto ecosystem. Additionally, he is also an adjunct professor at New York University Stern School of Business, educating the next generation of Web3 leaders. His previous experience, including Paxos, Citi, and JP Morgan, coupled with his thought leadership in stablecoin mechanics, uniquely positions him to lead WSPN US towards a future powered by accessible and equitable financial solutions.

“Austin’s expertise and vision have been instrumental in shaping WSPN’s strategic direction,” said Raymond Yuan, Founder and CEO of WSPN. “We are confident that under his leadership, WSPN US will play a crucial role in driving the mass adoption of stablecoins and transforming the financial landscape for the better.”

****END****

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users.  WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

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View original content:https://www.prnewswire.co.uk/news-releases/wspn-names-austin-campbell-ceo-of-wspn-us-to-drive-stablecoin-innovation-and-expansion-302286233.html

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Xinhua Silk Road: Xiaoshan District in E. China’s Hangzhou beefs up efforts on high-quality development amid modernization drive

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BEIJING, Oct. 24, 2024 /CNW/ — Xiaoshan District in Hangzhou of east China’s Zhejiang Province has been constantly fostering industrial development and urbanization by focusing on innovation and cultivating new quality productive forces in recent years, aiming to achieve new results in high-quality development.

Currently, the district is striving to promote high-quality manufacturing development through digitization, with the Vision Valley of China as the core growth pole which is focusing on developing four iconic industrial chains of autonomous driving, industrial vision, medical imaging, and intelligent living and office.

Xiaoshan also implements the “AI plus new manufacturing” campaign this year, deploying 2300P advanced computing power centered around Turing Town, a computer technology and AI industrial agglomeration zone, and launching 50 million yuan of “computing vouchers” to provide subsidies of up to 2 million yuan to individual entities purchasing computing resource, so as to encourage enterprises to carry out more AI projects in the district.

It targets to cultivate more than five influential vertical application models, form 10 demonstration application scenarios, cultivate 20 high-value key products, attract 30 highly-competitive AI enterprises, and achieve an AI application penetration rate of over 30 percent for large-scale manufacturing enterprises by 2025.

The district also puts emphasis on showcasing its 8,000-year culture through technological means to maintain cultural confidence and vitality amid the modernization drive. In the Kuahuqiao Site Museum in Xiaoshan, multimedia interactive display, canoe simulation control, touchscreen games, and other high-tech methods are applied to allow visitors to experience the profound cultural heritage of the Kuahuqiao culture through interaction.

Driven by the wave of digitization and intelligence, the district is also advancing the modernization of social governance at a faster speed with digital means. Entering the command hall of the Xiaoshan social governance center, a huge digital screen comes into view, and 477 urban physical indicators are monitored in real time through an intelligent governance system, covering six major areas of urban safety, urban environment, and public services, etc.

Original link: https://en.imsilkroad.com/p/342777.html

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SOURCE Xinhua Silk Road

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HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

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Global food tech experts gathered to share innovative ideas, discuss market insights, and explore development potentialAbu Dhabi-based investment firm HITI partners with Dongwha Pharmaceutical to manufacture and distribute cognitive enhancement ingredients in the Middle EastHITI joins Korea Food Tech Council to reinforce support for Korean market’s global expansion

SEOUL, South Korea, Oct. 25, 2024 /PRNewswire/ — The HiConf Organization Committee announced at HiConf that HiConf Seoul 2024 successfully wrapped up in Seoul, Korea. HiConf 2024, the first of its kind in Korea, was designed to serve as a platform for cutting-edge food tech innovations with the goal of establishing a more sustainable food system.

This year’s event was attended by global pioneers and leaders in food tech, including Governor Kim Gwan-young of Jeonbuk Special Self-Governing Province, Professor Ki-won Lee, Chairman of the Korean Food Tech Council, CJ CheilJedang CTO Dr. Gregory Yep and Shinsegae Food CEO Alex Song, and filled with robust discussions on the latest and up-and-coming innovations, market outlook, and new opportunities in the global food tech industry.

40 high caliber speakers from all over the world gave insightful presentations to attending industry professionals on topics such as the Global Perspective on Bioeconomy; Transforming Health with Sweet Proteins; Probiotics that Improve Cognitive Function and many more. The event also highlighted South Korea’s growing role as a food tech leader, leveraging its strong expertise in science and AI to drive advancements in sustainable food solutions. In addition, HiConf 2024 opened its stages to five food tech startups from around the world to pitch to potential Korean and international investors.

“HiConf brings together the brightest minds from around the world to share big ideas, overcome challenges, and build new opportunities together. There is no better place than South Korea, with its strong expertise in food technologies, to exchange scientific and business best practices,” said Raymund Scheffler, Chairman of the Organization Committee of HiConf.

Meanwhile, Abu Dhabi-based food tech investment firm HITI and Korean pharmaceutical manufacturer Dongwha Pharm signed a memorandum of understanding (MoU) to collaborate on the manufacturing and distribution of innovative biological functional ingestible ingredients. This MoU will set the stage for both companies to cooperate in delivering functional ingredients aimed at improving human cognitive abilities and ensuring healthy longevity in the Middle East and beyond.

Additionally, HITI joined the Korea Food Tech Council (KFTC), a pioneering collaboration between academia, industry, and government to advance the food technology sector in Korea. The council, which was co-founded by Professor Lee Ki-won of the Food Tech Department at Seoul National University in 2022, seeks to build a sustainable and innovative ecosystem that addresses global food challenges. Through this membership, HITI aims to support technological research within the Korean food tech industry and promote collaboration among young entrepreneurs.

“We are pleased to welcome HITI as a partner in our efforts to solve the pressing food issues facing humanity while building viable business models,” said Professor Lee Ki-won, Co-Founder and Chairman of KFTC, and added that “HITI’s global expertise will be a valuable asset in creating a healthier future.”

The first-ever HiConf took place in Dubai in February 2024, with over 500 executives from international biotech, plant-based, and cultured-food businesses, as well as investors and food brands, in attendance. The next HiConf will also be held in Abu Dhabi in February 2025.

About HiConf

HiConf is a global platform for cutting-edge alternative protein technologies and food tech innovations with the goal of establishing a more sustainable food system. Driving both economic growth and sustainable development in the food tech industry, HiConf is a hub for groundbreaking discussions with global leaders and pioneers in the food tech industry. For more information on HiConf, please visit https://www.hiconf.ae/.

About Healthy Innovations Technology Investment (HITI)

HITI is an Abu Dhabi-based investment fund dedicated to advancing future technologies that contribute to creating a healthier world for the global population. The company’s philosophy is rooted in the belief that sustainable innovations are essential to addressing our planet’s challenges. For more information on HiTi, please visit https://www.hiti.ae/.

Media Inquiries:

Edelman Korea
Kiyoon Kay, Kiyoon.Kay@edelman.com
Christine Lee, Christine.Lee@edelman.com
Yunhae Na, Yunhae.Na@edelman.com

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SOURCE HiConf Seoul 2024

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