Meta Platforms, Inc. (META) Strengthens AI Strategy With New Glasses and Services

Meta Platforms, Inc. (NASDAQ:META) is one of the best blue-chip AI stocks to buy now. On March 31, Meta Platforms, Inc. (NASDAQ:META) introduced two new Ray-Ban prescription smart glasses, expanding its lineup of AI-powered wearables. Priced from $499 and available for pre-order in the U.S., the Ray-Ban Meta Blayzer Optics and Meta Scriber Optics will launch globally on April 14.

Meta Platforms, Inc. (META) Strengthens AI Strategy With New Glasses and Services

Developed with EssilorLuxottica, the glasses feature customizable hinges and nose pads, making them adaptable to different face shapes. Meta, which already dominates the smart glasses market with over 76% share, sees these products as part of its broader push toward “personal superintelligence,” investing heavily in AI-driven devices to bring advanced technology directly to consumers.

On March 30, Meta Platforms Inc. (NASDAQ:META) began testing a subscription service for its photo-sharing app Instagram.

Instagram Plus is the new service designed to unlock exclusive features for users. For starters, subscribers will be able to view Stories without the owner or poster knowing. They will also create unlimited audience lists for Stories, moving beyond the current Close Friends Option.

In addition, Instant Plus users will be able to extend a Story for an extra 24 hours and send an animated “Superlike” on others’ Stories. Meta Platforms is reportedly testing the service in Mexico, Japan, and the Philippines. The paid service is part of the company’s push to create a new revenue stream. The social networking company has also announced plans for new subscription offerings across Facebook and WhatsApp.

Meta Platforms, Inc. (NASDAQ:META) develops technologies that enable people to connect, share, and build community through social media, virtual/augmented reality (VR/AR), and AI. Its core business includes platforms like Facebook, Instagram, WhatsApp, and Messenger, while Reality Labs focuses on metaverse hardware such as Meta Quest headsets and AI-powered smart glasses.

While we acknowledge the risk and potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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