Is Meta Platforms an Underrated Artificial Intelligence Stock?
Meta Platforms (NASDAQ: META) is a top social media company which routinely generates billions in profit each quarter. But as with any growth-oriented business, it's eyeing the next big opportunity. And right now, its sights appear to be set on artificial intelligence (AI). The company has its own chatbot, but it's looking at making it more widely available, which could unlock a new growth opportunity for the business.While it may not seem like a top AI stock to own, Meta is trying to change that impression. Could this stock be an underrated option for AI investors to consider today?Meta already has four robust applications in its portfolio, including WhatsApp, Facebook, Messenger, and Instagram. Later this year, it's planning to add to that list with the launch of Meta AI. Its chatbot is already available on the web and within its current apps but not as its own stand-alone app.Continue reading
Meta Platforms (NASDAQ: META) is a top social media company which routinely generates billions in profit each quarter. But as with any growth-oriented business, it's eyeing the next big opportunity. And right now, its sights appear to be set on artificial intelligence (AI). The company has its own chatbot, but it's looking at making it more widely available, which could unlock a new growth opportunity for the business.
While it may not seem like a top AI stock to own, Meta is trying to change that impression. Could this stock be an underrated option for AI investors to consider today?
Meta already has four robust applications in its portfolio, including WhatsApp, Facebook, Messenger, and Instagram. Later this year, it's planning to add to that list with the launch of Meta AI. Its chatbot is already available on the web and within its current apps but not as its own stand-alone app.
