Meta Platforms shares rebounded 4.77% after a six-session slide following the launch of an AI-powered Facebook search and content creation tool. The new AI Mode, powered by the Muse Spark model, could generate over $10 billion annually while Threads reached 500 million monthly users.
After a six-session decline, Meta's stock jumped 4.77% on Monday as investors reacted to the company's latest AI feature rollout, narrowing its year-to-date decline to about 10%.
Meta introduced an AI-enhanced Facebook feature that expands search, editing and content-creation capabilities within user feeds, leveraging its Muse Spark model for more contextually relevant results.
Analysts estimate that if AI Mode attracts 1 billion users and monetizes 10% of daily searches, the feature could generate over $10 billion in annual revenue and position Meta as a stronger search competitor.
Meta's Threads app surpassed 500 million monthly active users nearly three years after launch, with new features designed to boost engagement and ad monetization opportunities.
Reuters
