Meta Says AI Chatbot Is Used By More Than 400M People Monthly And 185M People Weekly; More Than 1M Advertisers Using Its Generative AI Ad Tools; It Is Expanding Business AI Tools To Advertisers Running Click-To-Message Ads For Messenger And Whatsapp; Meta Releases Multimodal Llama 3.2 AI Models Capable Of Understanding Both Images And Text, Lightweight Llama 3.2 Text-Only Models That Can Run On The Edge
Portfolio Pulse from Benzinga Newsdesk
Meta reports significant engagement with its AI chatbot, with over 400 million monthly users and 185 million weekly users. More than 1 million advertisers are utilizing its generative AI ad tools. Meta is expanding its business AI tools for advertisers using click-to-message ads on Messenger and WhatsApp. Additionally, Meta has released new AI models, including the multimodal Llama 3.2 and lightweight Llama 3.2 text-only models.
September 25, 2024 | 5:32 pm
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Meta's AI chatbot is experiencing high user engagement, and its generative AI ad tools are being used by over 1 million advertisers. The company is expanding its AI tools for click-to-message ads on Messenger and WhatsApp, and has released new AI models.
The high engagement with Meta's AI chatbot and the adoption of its generative AI ad tools by over 1 million advertisers indicate strong demand and potential revenue growth. The expansion of AI tools for click-to-message ads on Messenger and WhatsApp could further enhance advertising effectiveness and attract more advertisers. The release of new AI models demonstrates Meta's commitment to innovation, which could positively impact its stock price.
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