Meta Platforms(NASDAQ: META) introduced Meta AI on Thursday, and it's another easy-to-use artificial intelligence chatbot to compete with ChatGPT. But it's far easier to use, and every point of friction that's eliminated is a threat to OpenAI's once-dominant position.
Travis Hoium covers the new product in the video below.
*Stock prices used were end-of-day prices of April 18, 2024. The video was published on April 18, 2024.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
