Investing in excellent AI companies is a solid long-term strategy, as AI technology has the potential to significantly enhance corporate efficiency and profitability.
Meta Platforms' AI initiative includes a free AI assistant that aims to rival ChatGPT, demonstrating significant user engagement with over 500 million monthly active users.
AI-powered video-feed recommendations from Meta have increased Facebook engagement by 8% and Instagram engagement by 6% this year, illustrating the tangible benefits of AI.
With companies leveraging Meta's advertising tools, conversions have risen by 7%, showcasing how Meta's AI capabilities are beneficial for businesses looking to optimize ad performance.
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