"Stocks haven't been cheap in recent times, so you may not feel as if there are many "I have to buy this right now" opportunities. Especially in the world of artificial intelligence (AI). Investors have rushed to get in on leaders in this high-potential field, as analysts predict the AI market may reach into the trillions of dollars in just a few years."
"Advertisers pay to reach their desired audience across these popular apps. And now, thanks to Meta's latest focus, revenue may be on track to explode even higher over time. The company is investing heavily in AI, developing its own large language model and applying this and its research to improving its social media apps and revolutionizing the advertising experience. The goal? Prompting users to spend more time on the apps and prompting advertisers to lift their spending."
Stocks have generally not been cheap recently, including many artificial intelligence names. Investors have rushed into AI leaders amid predictions the AI market could reach trillions in a few years. Companies using, developing, or selling AI may generate significant revenue growth and early investors might profit. Meta Platforms owns several of the most popular social apps with about 3.5 billion daily users, which drives advertising revenue. Meta is investing heavily in AI, developing a large language model and applying research to enhance its social apps and advertising. The company aims to increase user engagement and encourage advertisers to raise spending, creating substantial growth potential.
Read at Aol
Unable to calculate read time
Collection
[
|
...
]