Welcome to our dedicated page for CLWD news (Ticker: CLWD), a resource for investors and traders seeking the latest updates and insights on CLWD stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CLWD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CLWD's position in the market.
CloudCommerce has introduced its AI-driven SWARM platform, which replaces third-party web browser cookies with personas to enhance user privacy and lower digital advertising costs. This innovation positions the company advantageously amidst the impending 'Cookie Apocalypse' initiated by Google, expected to affect up to 85% of the digital advertising market. CEO Andrew Van Noy emphasized the importance of first-party data and the potential chaos in the advertising industry, asserting that CloudCommerce is on the right side of digital advertising history.
CloudCommerce has unveiled its innovative AI-driven SWARM platform designed to navigate new ad-targeting restrictions imposed by Google. The platform aims to counteract the limitations on third-party cookies, which have adversely affected industry leaders like The Trade Desk, Magnite, and Criteo. CEO Andrew Van Noy asserts that SWARM's focus on managing personas rather than cookies will ensure user privacy while effectively targeting ads, offering a disruptive solution in the advertising landscape.
CloudCommerce, Inc. (OTC: CLWD) has successfully closed a $10 million equity financing and will be changing its corporate name to AiAdvertising, Inc. This rebranding reflects its strategy to leverage artificial intelligence (AI) for reducing advertising costs. CEO Andrew Van Noy emphasized the importance of this capital in accelerating AI development and the transformation of their flagship solution, SWARM, into a cloud-hosted platform.
CloudCommerce, Inc. (CLWD) has successfully completed a registered direct offering, selling 142,857,143 shares of common stock and warrants to purchase an equal number of shares at $0.07 each, raising approximately $10 million in gross proceeds.
The funds will be allocated to accelerate the development of SWARM, an AI-enabled digital advertising platform, along with general corporate purposes. The offering was facilitated by H.C. Wainwright & Co. and was conducted under a SEC shelf registration statement.
CloudCommerce, Inc. (CLWD) announced a direct offering of 142,857,143 shares and warrants to an institutional investor at a price of $0.07 per share. The offering, expected to close on February 23, 2021, will generate approximately $10 million in gross proceeds. Funds will be used to develop SWARM, an AI-enabled digital advertising platform, along with general working capital. H.C. Wainwright & Co. is the placement agent for this offering. The securities are part of a shelf registration statement filed with the SEC.
CloudCommerce, Inc. (CLWD) has entered a license agreement with WRENCH.AI to enhance its AI-enabled SWARM platform. This collaboration aims to speed up the development of SWARM and significantly lower advertising costs by utilizing WRENCH.AI’s machine learning and personalized marketing capabilities. The SWARM platform will integrate features like data discovery, dynamic creative, and performance tracking to optimize digital advertising efforts and improve targeting accuracy.
CloudCommerce, Inc. (CLWD) announced the successful implementation of its AI-enabled SWARM solution for a leading B2B client, a major heavy equipment seller in the U.S. This partnership led to significant results, including a 340% increase in client commitment after six months. The SWARM solution enhanced viewer engagement, session duration, and page views, showcasing the power of AI in digital advertising. The company aims to further develop SWARM into a cloud-hosted platform, tapping into the projected $9 billion B2B digital ad market in 2021.
CloudCommerce, Inc. (CLWD) has licensed AI technology from Pattern89 to enhance its proprietary audience intelligence solution, SWARM. This integration aims to optimize advertising performance by analyzing over 2,900 creative dimensions and billions of data points. CloudCommerce's CEO, Andrew Van Noy, emphasized that this AI layer will significantly improve the effectiveness of their tech stack. The company’s solution will provide advertisers with insights about why certain ads perform better, potentially leading to improved campaign outcomes.
