Outbrain Deepens Collaboration with Microsoft – Integrates AI Solutions into Its Offerings
31 Ottobre 2024 - 1:00PM
Outbrain (NASDAQ: OB), a leading technology platform that drives
business results across the open internet, announced the expansion
of its collaboration with Microsoft and the use of the
technological capabilities of the Microsoft Azure cloud platform to
improve its offerings for advertisers and media owners. As part of
the collaboration, Outbrain will expand its operations with
Microsoft Azure in North America, scaling its traffic to be served
on Azure, and integrate generative AI solutions based on Azure
OpenAI Service to offer a variety of new services to its customers.
Generative AI solutions add a new layer of
collaboration and enable Outbrain to offer more advanced solutions
to its customers worldwide. Outbrain will be able to deliver more
relevant content for audiences and better solutions for advertisers
on the creative side driving better return on ad spend also
leveraging the Dall-E model in combination with other artificial
intelligence models. In addition, Outbrain will enable the creation
of ad creatives based on the analysis of ads with high return on
investment.
Outbrain has a long history of collaboration with
Microsoft, including business and technological collaborations with
Azure, MSN, and Bing. Outbrain’s platform serves about a billion
users worldwide with over 50 million daily engagements, across more
than 8,000 media owners globally.
“About two years after the initial move to
Microsoft Azure, we are happy to transfer another data center and
deepen the existing collaboration between the companies,” said
Yonatan Maman, Outbrain CTO. “The additional move to Azure will
give Outbrain flexibility and innovation in managing the
infrastructure for our advertising platform.”
Outbrain CEO David Kostman added: “The performance
advertising world is complex and competitive, and the use of
innovative generative AI solutions in Outbrain's products, in
collaboration with Microsoft, will benefit Outbrain's customers in
Israel and globally.”
Alon
Haimovich, Microsoft
Israel GM:“We’re thrilled to expand our
collaboration with Outbrain, driving mutual growth and delivering
substantial value through integrated technological solutions that
enhance cost efficiency and commercial strategies. Microsoft is
also committed to fostering innovation with Outbrain, especially as
we lead advancements in the generative AI revolution.”
About OutbrainOutbrain (Nasdaq:
OB) is a leading technology platform that drives business results
by engaging people across the Open Internet. Outbrain predicts
moments of engagement to drive measurable outcomes for advertisers
and publishers using AI and machine learning across more than 8,500
online properties globally. Founded in 2006, Outbrain is
headquartered in New York with offices in Israel and across the
United States, Europe, Asia-Pacific, and South America.
Media
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205-8999
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