15 AI News You Missed This Week

Page 11 of 15

5. Meta Platforms, Inc. (NASDAQ:META)

Market Capitalization: $1.5 Trillion

Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family. On November 12, the company said that it would reduce the price of Subscription for no ads, and offer people in the EU an additional new choice to use Facebook and Instagram for free with less personalized ads. The new ad option comes amid pressure from EU regulators who believe users should have access to a free version of the company’s apps with less-personalized ads. The latest developments come mere weeks after the firm debuted new AI features for ad targeting that have helped the tech giant surpass rival Alphabet in ad growth over the past few months.

Page 11 of 15