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Meta Platforms: Facebook Group relies on cameras in glasses (The Shareholder)

Kulmbach (www.aktiencheck.de) – Meta Platforms stock analysis by “Der Aktionär”:

Thorsten Küfner from the investor magazine “Der Aktionär” takes a close look at the shares of Meta Platforms Inc. (ISIN: US30303M1027, WKN: A1JWVX, ticker symbol: FB2A, NASDAQ symbol: META) in a current stock analysis.

Meta Platforms’ shares have been in excellent shape for several months. The Facebook group’s stock recently generated a fresh buy signal. Meanwhile, the US group is now relying on cameras in glasses so that its AI software can better assess what users want from it.

The idea is that the chatbot Meta AI can see live via the devices what users are looking at, as CEO Mark Zuckerberg explained at the Meta Connect developer conference. This could be useful when cooking, for example – or when exploring a new city. With the help of the camera, the AI ​​could also remember the spot in a large parking lot.

Another new function for the glasses with cameras and small speakers is live translation. This should initially work for English, French, Italian and Spanish. Meta Platforms is developing the devices, which are sold under the Ray-Ban brand, together with the world’s largest eyewear company, Luxottica.

Meta AI will now be able to interact with users via voice. The company is integrating its AI software into its apps with billions of users. In addition to Facebook, Meta Platforms will also include Instagram and WhatsApp.

Meta Platforms has not yet made its advanced AI functions available in the EU, citing legal uncertainties caused by the new digital law DMA. However, Zuckerberg said he was optimistic that a solution would be found in the end.

For the “Reels” short videos, Meta Platforms is testing a function for automatic synchronized translations into other languages, in which the mouth movements are also adjusted using AI.

Meta Platforms is following up with a new entry-level model for VR glasses that allow users to immerse themselves in digital worlds. The US company is making billions in losses with its VR division, but still hopes to attract a broader market to it.

Meta Platforms’ shares are still an attractive investment. Investors should allow their profits to continue to run with a stop loss of 360 euros, says Thorsten Küfner from the investor magazine “Der Aktionär” in a current stock analysis. (Analysis from September 25, 2024)

(With material from dpa-AFX)

Please also note information on the obligation to disclose conflicts of interest within the meaning of Directive 2014/57/EU and corresponding EU regulations under the following link. (25.09.2024/ac/a/n)

Disclosure of possible conflicts of interest:

Possible conflicts of interest can be viewed on the site of the creator/source of the analysis.

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