Eminem, Ariana Grande and Sabrina Carpenter each have six nominations, followed by SZA and Megan Thee Stallion with five each.
This year's Video Vanguard Award will be bestowed on Katy Perry, who arrived in a white deconstructed two-piece ensemble with her husband Orlando Bloom.
When it comes to the red carpet, Taylor Swift arrived in yellow and black plaid bustier with a matching bustle.
Addison Rae blew up the internet with her look of white lingerie with feathers and a tulle tutu.
Sabrina Carpenter appeared to pay homage to Madonna, wearing a vintage Bob Mackie design that Madonna wore to the 1991 Oscars.