Meta Launches New AI-Focused Subscription Service
Meta Platforms has launched a new subscription service called Meta One, offering enhanced artificial intelligence features across its apps like Facebook, Instagram, and WhatsApp. The service provides users with expanded self-expression tools and more advanced AI capabilities beyond the free experience. The company is aiming to diversify its revenue streams as it invests heavily in building out an AI infrastructure for Llama large language models and other AI-driven features. Meta spent $31 billion on capital expenditures alone during Q2, contributing to a 55% year-over-year increase in total expenses. The new subscription model could help offset these rising costs. Meta One offers tiered pricing options starting at $7.99 per month for individuals and up to $499 monthly for businesses or creators seeking high-tier features.
Tickers: $META
Topics: AI Meta Platforms Premium Features Subscription Services