Meta (META) Launches Muse for Small Business Amid AI Expansion

Published on · Source: cnbc.com

Meta (META) Launches Muse for Small Business Amid AI Expansion

AI Summary

Summarized by AI from the source below

Meta (META) introduced Muse for Small Business, connecting its AI agent to software from Asana, Zoom, and Salesforce's Slack. The company did not disclose pricing details but referenced its existing Muse app, available for free with limits. Meta's stock rose 25% in September before a recent decline, following the Muse app's successful launch on September 8, which gained significant traction on Apple's App Store. Evercore's Mark Mahaney anticipates Muse will reach 100 million users in six to twelve months. This development indicates Meta's strategy to diversify revenue streams beyond digital ads.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

About Meta Platforms Inc. (META)

Meta Platforms owns Facebook, Instagram, WhatsApp, and Messenger, earning almost all of its revenue from digital advertising while investing heavily in AI and the metaverse.

The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.

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