‘There’s two ways to build these platforms’: OpenAI’s ads boss David Dugan on going the other way

OpenAI’s ad product moves fast. Nineteen weeks (or four months) in and it’s already struck commercial partnerships, built measurement tools and launched an ads manager. Ask about what’s underneath those moves — independent ad verification, how trading deals evolve — and the answer slows right down.

That gap between what’s shipped and what’s still vague is the real story of OpenAI’s ad pilot so far. Because those are the answers that will decide whether this becomes a durable home for ad dollars, not just attention.

That’s why Cannes Lions could go down as one of the more consequential weeks for the fledgling ads business in hindsight. Global ads boss David Dugan was everywhere, listening to creators in villas, hosting CMOs between the SPA Villa Belle Plage and the Majestic and meeting holdco bosses over dinner. Eventually those interactions will turn into moves. Until then, what little details he said matters just as much, if not more, than what he didn’t.

Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.

,Read More

Streaming is the next frontier for Walmart’s, Kroger’s ads businesses

This story was first published by Digiday sibling ModernRetail

Streaming is becoming an important part of many retail media networks’ growth strategies, as retailers believe that shopper data can help advertisers prove their TV ads lead to sales.

On Tuesday, Walmart said it has agreed to acquire Vibe.co, a self-service connected TV advertising platform for small and mid-sized businesses and mid-market brands. The deal surpassed $1 billion, sources told Digiday, and is expected to close by the end of this fiscal year.

Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.

,Read More