Social media giant Meta Platforms (NASDAQ: META) is preparing to distribute its next quarterly dividend this week, marking another step in its capital return strategy.
Stepping back from the money-losing metaverse is a smart long-term move. There is an argument that the company should also focus on its core business and outsource much of its AI development.
Meta Platforms rolls out AI support assistant to boost safety, engagement and ad growth, leveraging vast user data amid rising competition in digital ads.
Meta Platforms (META) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Meta said Thursday (March 19) that over the next few years, it will shift the content enforcement efforts on its apps from the current third-party vendors to the company's new artificial intelligence systems.
Meta Platforms (NASDAQ:META | META Price Prediction) stock slipped 2% in afternoon trading on Thursday, with META shares trading at $602 and change.
META faces valuation pressure and rising AI costs despite strong engagement gains, leaving investors weighing near-term headwinds against AI upside.
Meta on Thursday announced that it's starting to roll out more advanced AI systems to handle content enforcement as it plans to cut back on third-party vendors. Tasks related to content enforcement include catching and removing content about terrorism, child exploitation, drugs, fraud, and scams.
Meta is beginning the long rollout of more advanced AI systems to handle content enforcement-related tasks like catching scams and removing illegal media. The announcement means Meta will begin to shift away from third-party vendors and contractors that have historically handled basic content moderation.
Investors seem to be overreacting a bit to the latest internal reports surrounding the delay of the latest AI model, codenamed Avocado, from Meta Platforms (NASDAQ:META | META Price Prediction).
An AI agent went rogue at Meta, exposing sensitive company and user data to employees who did not have permission to access.
Meta is reportedly expanding its physical retail push by opening a new Manhattan store. The tech giant has signed a 10-year lease on a five-story building on Fifth Avenue, Bloomberg News reported Wednesday (March 18), citing a statement from the company.