A grouping of ads that share the same budget, audience, and placement settings.
An ad set is the middle level in the campaign structure (Campaign → Ad Set → Ad), containing ads that share targeting, budget, and scheduling.
One campaign can have multiple ad sets, each testing different audiences or strategies.
An ad set is where you define targeting, budget, schedule, and placement for your ads. It sits between the campaign level (objective) and the ad level (creative). Proper ad set structure is critical for clean testing, efficient budget allocation, and allowing the algorithm to optimize effectively.