The Trade Desk: A Lucrative AI-Enabled Advertising Platform Driving Growth
Thursday, 16 May 2024, 10:12
Why The Trade Desk Stands Out
Investors looking for a relatively cheaper AI stock would find The Trade Desk (NASDAQ: TTD) a compelling option due to its innovative use of AI in digital advertising.
AI-Enabled Growth Strategy
- The Trade Desk: Utilizes AI tools like Koa and Kokai to increase ad reach and reduce costs significantly.
- Growth Acceleration: Surpassing digital ad market growth with a 23% revenue increase in 2023.
By integrating AI into its advertising platform, The Trade Desk is poised to capture a larger share of the digital ad market, indicating strong long-term growth potential.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.