Meta Just Unveiled a Game-Changing Generative AI Tool. Is the Stock About to Pop?
Meta Platforms (NASDAQ: META) shared several fun new features backed by generative artificial intelligence (AI) at its Meta Connect conference at the end of September: stickers generated from text, chatbots with personalities, and new ways to make your Instagram photos pop.
But it saved the game-changing reveal for a week later. Meta's generative AI tools for ads are ready for prime time.
These tools can adjust images and text within ads, test different variations, and find the right fit for every advertisement. They represent a major step forward for Meta in producing a return on its massive AI spending, and it could unlock a lot of value for investors.
Source Fool.com
Meta Platforms Inc. Stock
€471.70
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With 7 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 6.0% for Meta Platforms Inc. compared to the current price of 471.7 €.
