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Facebook Releases Open Source Recommendation Model

I usually prioritize acquisition and funding announcements, but don’t think you really care that Coveo bought Tooso for intent analytics, Sinequa raised $23 million for knowledge discovery, or Signpost raised $52 million for local business marketing. But you probably are interested that Facebook has made an open source release of its Deep Learning Recommendation Model to select personalized contents. You’ll recall that Google and Amazon recently made similar moves.

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Martech Spending Grows as Percentage of Marketing Budget: CMO Survey

April 26, 2024

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.

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