The company is also launching AI-powered stickers and editing tools on Instagram, and has introduced over two dozen AI personalities embodied by celebrities. Meta plans to open up its AI capabilities to allow businesses, creators, and developers to build their own AI experiences. These moves come as Meta's metaverse ambitions continue to incur losses, with the company's Reality Labs segment losing nearly $21 billion over the past 18 months.
Key takeaways:
- Meta announced a major expansion of generative AI capabilities across its apps, including a new advanced conversational assistant called Meta AI.
- Meta AI has three key differentiators: it can provide real-time web results through a partnership with Microsoft's Bing, generate photorealistic images from prompts, and is available to billions of users.
- Meta is also launching AI-powered stickers and editing tools on its platforms, and introduced over two dozen AI personalities embodied by celebrities and influencers.
- The company's Reality Labs segment, which contains its metaverse investments, lost nearly $21 billion over the past 18 months, highlighting the importance of its AI expansion.