Meta Eyes AI Chatbots For Boosting Business As Advertisers Look to Benefit From Enhanced Engagement Tools
Portfolio Pulse from Anusuya Lahiri
Meta Platforms Inc is looking to leverage artificial intelligence (AI) chatbots as a tool for advertisers. The company's Chief Product Officer, Chris Cox, cited a significant business demand for better tools. OpenAI is working to make its ChatGPT cheaper and faster for better accessibility. ARM Holdings Plc is also leveraging AI in areas where they struggle to hire enough talent. Meta is exploring ways to monetize AI after releasing free AI chatbots to users on Instagram and WhatsApp.
October 18, 2023 | 11:19 am
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ARM Holdings is leveraging AI in areas where they struggle to hire enough talent, potentially improving operational efficiency.
ARM Holdings is leveraging AI in areas where they struggle to hire enough talent. This could potentially improve the company's operational efficiency and productivity, which could have a positive impact on its financial performance and stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Meta Platforms is exploring ways to monetize AI, indicating a potential new revenue stream for the company.
The news indicates that Meta is actively exploring ways to monetize AI, which could potentially open a new revenue stream for the company. This could positively impact the company's financial performance and, consequently, its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100