Meta (META) Launches $7.99 Monthly AI Subscription Plans

AI Summary

Meta Platforms Inc. (META) is testing new AI subscription services with the lowest monthly plan priced at $7.99. This initiative includes new paid plans for Facebook and Instagram, and resulted in a nearly 4% increase in META stock. The company aims to enhance its revenue streams and attract a new customer base through these paid services. The market impact could be significant as the popularity of AI-driven features among users may drive subscriptions and engagement.