Developers and investors will be closely watching the event for potential app development opportunities and signs of a return on the company's investment, which has so far resulted in a loss of over $40 billion since 2021. A key focus of the event will be AI-powered virtual assistants with unique personalities to be integrated into Meta's apps. Additionally, Meta announced the rollout of mobile and web versions of its social VR platform Horizon Worlds and the addition of legs to its VR avatars.
Key takeaways:
- Meta Platforms CEO Mark Zuckerberg is expected to give an update on his plan to build the immersive metaverse at the Meta Connect conference, the company's biggest event of the year.
- Investors and developers are closely watching the event for indications of Meta's future plans, particularly in relation to artificial intelligence and virtual reality technologies.
- One of the top priorities for the day is the introduction of AI-powered virtual assistants with distinctive personalities that Meta plans to embed in its apps.
- Just before the event, Meta announced the rollout of mobile and Web versions of its social VR platform Horizon Worlds and added legs to its previously upper-body-only virtual reality avatars.