📝 Katzenberg backs AI video ad company

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Jeffrey Katzenberg, former DreamWorks CEO and Quibi founder, is back in the video industry—this time with AI. His venture fund, WndrCo, co-led a $15.5 million Series A for Creatify, whose AI-powered AdMax platform rapidly generates video ads tailored for social media by analyzing top-performing TikToks and Instagram reels. As tech giants like Meta race to automate advertising at scale, Creatify aims to give brands a competitive edge in the crowded digital space. Whether this AI play outshines Katzenberg’s ill-fated Quibi remains to be seen.

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