Meta's AI business contribution may exceed Wall Street estimates
META Meta Platforms Inc
$737.54 -3.27%
View chart & analysis → - 1BofA analyst Justin Post said Wall Street estimates are only limitedly reflecting the contribution of Meta's emerging AI products.
- 2The 73% return rate of new Muse users the day after installation was nearly double that of OpenAI ChatGPT.
- 3Deutsche Bank analyst Benjamin Black forecasts that Muse will reach up to 8% of Meta's revenue by 2030.
So what's the key point?
Meta's new AI products may generate more revenue than experts expected. With a high user return rate of 73%, these products are expected to be a significant help to Meta's revenue.
Source Yahoo Finance · View original ↗
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