F.Y.I.

Big Red Group acquires stake in AI company

July 9, 2020 9:21

The Big Red Group has acquired a stake in an AI company, after being the exclusive distributor of Albert AI across Australia and New Zealand since July 2017. The company said the acquisition is expected to lead to the creation of new jobs.

The announcement:

David Anderson Group CEO of The Big Red Group has today announced that it has acquired a stake in Albert AI. “We have been working with the Albert AI team for more than three years and we continue to see great results for our clients as well as ourselves. With the increased demand on performance marketing effectiveness and the Albert AI wanting to have a dedicated team in our region it made sense for us to transition from licensee to shareholder in the business.

Subscribe to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Subscribe
Topics
ai Albert AI Big Red Group David Anderson Naomi Simson
Latest
Google reignites campaign against under-16s social media ban
Out-of-home operator Gawk ends relationship with Ooh Media, aims to win ‘divorce’
Digitas Australia gains MD from VML Commerce
Nine and Warner Bros already casting The Golden Bachelor Season 2
Foxtel's plan to bowl over sports fans this summer

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.