Yes. In Create Audiences › Google tab, the Suggest audiences (automatic) card reads your account: searches and keywords that converted, landing pages that got clicks, lists of visitors and converters, and observed audiences that convert.

It suggests segments by theme, remarketing by site section, and the "visited but didn't convert" combination. Each suggestion comes with the reason, based on numbers from your account, and where to use it. Brand terms, terms already added as negatives, and anything that already exists are left out.

Nothing is created automatically: you can edit a suggestion, create one, create all the selected ones, or open it in the form. The Group themes with AI option uses AI credits; without it, grouping is automatic and free. If you select Include competitors' websites, the suggestion "Who visits competitors' websites" is added too.