From Adweek · Kendra Barnett · · 3m
Meta's AI Push and TikTok Tensions
Meta launches frontier AI models while blocking TikTok ads, sparking platform conflicts.
In brief
Meta launches frontier AI models while blocking TikTok ads, sparking platform conflicts. Meta's new AI models could generate $36 billion by 2030, but it blocks TikTok ads in key markets amid rising tensions. Originally reported by Adweek.
Google tests prescription drug ads
Google started testing ads for branded prescription drugs in AI Mode and AI Overviews.
Publishers join AI content licensing
The New York Times, The Economist, and dozens more publishers signed onto an initiative to support content licensing deals and track how AI systems use original journalism.
Apple iOS blocks adtech vendors
Privacy-focused changes to Apple’s iOS operating system have found some adtech vendors locked out, theoretically barring them from doing millions of dollars in business.
Publicis reports Q3 earnings
Publicis filed its Q3 earnings, tallying a 5% year-over-year surge in organic net revenue on the back of a series of significant account wins.
Meta unveils frontier AI models
Meta unveiled two frontier models: Muse Wonder and Muse Wonder Full, representing its first true entry to the frontier.
Muse AI generates traffic
The Muse personal assistant reached five million downloads faster than ChatGPT did and could hit 100 million users in six to 12 months.
Meta's AI revenue potential
Meta's Muse agent could generate roughly 8% of Meta's revenue by 2030, or approximately $36 billion.
Meta blocks TikTok ads
Meta blocked TikTok’s U.S. minority owner and former majority owner ByteDance, as well as third parties running TikTok-linked campaigns, from advertising on its platforms in the U.S., Canada, Japan, and a handful of other countries.
TikTok faces regulatory issues
TikTok could be hit with a fine of up to 6% of its annual revenue after regulators found it in violation of EU rules around child safety and addictive design features.
Meta's ad platform tensions
Meta told Bloomberg: 'We don't have to run ads from a competitor whose goal is to pull people off our apps,' calling the move 'a normal business practice'.
Platform ad conflicts
Advertisers take issue with Meta deciding where paying advertisers can send their customers, as David Nyurenberg, svp of digital at InterMedia Advertising, stated.
Meta's stock reaction
Meta's stock popped this week on the heels of its Muse Wonder and Muse Wonder Full announcement.
Meta reports Q3 earnings
Meta is set to report third-quarter earnings on October 21.
Amazon blocks Meta's Muse
Amazon blocked Meta's Muse from shopping on its site since September 21.
The one thing
Meta's new AI models could generate $36 billion by 2030, but it blocks TikTok ads in key markets amid rising tensions.
