On Wednesday, Meta Platforms Inc (NASDAQ: META) Chief Executive Mark Zuckerberg rolled out new AI products for consumers, including AI Assistants (Meta AI), image editing and generation tools (Emu, Backdrop, Re-Style), and a new platform for developing customized AI assistants (AI Studio) and an updated virtual-reality headset.
Morgan Stanley observes that Meta Connect has demonstrated remarkable technological advancements by harnessing the power of AI to create innovative use cases and potential avenues for monetization.
To determine the viability of these monetization opportunities, it will be crucial to evaluate how Meta Connect distinguishes itself from competing products and closely monitor user and developer adoption rates.
KeyBanc Capital ...