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  • 4 months ago
X CEO Elon Musk unveiled new advertising technology on Wednesday, according to Benzinga. During a livestream to advertisers, Musk told advertisers on Wednesday that X’s upgraded ad technology can now deliver more relevant ads tailored to users’ needs. He said X’s old ad system showed irrelevant spam, but argued that well-timed, need-based ads should be considered content. Musk promoted Grok’s AI ad matching and urged product-specific ads, stressing that X’s users are the wealthiest demographic across any platform. The announcement follows recent changes to X’s ad strategy, including charging advertisers based on vertical screen size to improve user experience and efforts to bring major brands back to the platform.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Ex-CEO Elon Musk unveiled new advertising technology on Wednesday, according to Benzinga.
00:07During a live stream to advertisers, Musk told advertisers on Wednesday
00:10that X's upgraded ad technology can now deliver more relevant ads tailored to users' needs.
00:15He said X's old ad system showed irrelevant spam,
00:18but argued that well-timed, need-based ads should be considered content.
00:22Musk promoted Grok's AI ad matching and earned product-specific ads,
00:25stressing that X's users are the wealthiest demographic across any platform.
00:29The announcement follows recent changes to X's ad strategy,
00:32including charging advertisers based on vertical screen size to improve user experience,
00:37in an effort to bring major brands back to the platform.
00:39For all things money, visit Benzinga.com.
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