Nexad, a startup focused on integrating advertising into AI applications, has successfully secured $6 million in seed funding, supported by A16z Speedrun and Prosus Ventures, among others. CEO Jason Hu believes that the emerging AI landscape will be fragmented, necessitating a versatile ad service. With current trends indicating interest from large AI firms in monetizing through ads, Nexad aims to be the leading platform akin to AppLovin but for AI. The company has onboarded seven AI applications, targeting an audience of about 30 million consumers and employing a model that enhances user interaction through tailored ad placements.
Nexad aims to establish itself as the leading advertising platform for AI applications, enacting a model that connects ads with tailored audiences, increasing engagement.
Nexad has successfully onboarded seven AI companies, including notable apps like iAsk and Dippy AI, promising significant outreach to 30 million consumers.
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