Let’s do product news today. IBM has several recent announcements including AI-powered interactive advertisements (pretty cool), an AI-based programmatic ad bid optimizer, and AI-based audience targeting in conjunction with LiveRamp. Yesterday also saw the formal release of Watson Assistant for Marketing, a natural language reporting interface for IBM’s Campaign and digital marketing platforms that was announced last month.

Still catching up with last week’s news, InfiniGrow launched an AI-driven marketing planning platform, which creates optional plans across multiple channels. Planning is done at the channel level although the system seems to use individual level in its calculations.

Martech keeps taking larger bites out of marketing budgets: 17.3% last year, 19.9% this year, 23.5% next year, and 30.9% five years from now, according to the latest CMO Survey. This despite barely more than half (56.4%) of current tools being used and nearly half (48.8%) of the survey respondents reporting worse-than-expected results. Oddly enough, marketers rate selecting marketing technologies as the thing they do best.