Going forward, Meta Platforms (META) CEO Mark Zuckerberg will be in many different places at once.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
This is because Meta is creating an artificial intelligence (AI) version of Zuckerberg that will be used for interactions with employees. The AI Zuckerberg will reportedly be lifelike and capable of holding realistic conversations with staff, as well as answer their questions.
The AI CEO being developed will also be photorealistic and appear as a three-dimensional version of Zuckerberg. The company’s aim is reportedly to enhance connection and communication with staff, without demanding more of the CEO’s time.
Meta’s AI Projects
Creation of the AI Zuckerberg is being led by Meta Platforms’ Superintelligence Labs and involves high computing requirements. This is one of several AI projects that Meta has in development as it seeks a dominant role in the artificial intelligence sector.
In the past week, Meta launched a new AI model called Muse Spark that is the first developed by the Superintelligence Labs. Meta Platforms is trying to regain momentum in the competitive AI market following the disappointing debut of an open-source model a year ago.
Is META Stock a Buy?
The stock of Meta Platforms has a consensus Strong Buy rating among 45 Wall Street analysts. That rating is based on 39 Buy and six Hold recommendations issued in the last three months. The average META price target of $856.08 implies 35% upside from current levels.
