Meta Platforms (Facebook) Stock News

Wednesday's dull session also overshadowed a quiet but continued wave of breakouts among high-rated stocks.

Meta (META) kicked off its annual Connect conference Wednesday with a keynote from CEO Mark Zuckerberg, who announced a lower-cost Quest 3S headset, Orion augmented reality glasses, new artificial intelligence (AI) features, and more.

Meta Platforms (META) announced a number of new products on the first day of its annual Connect conference Wednesday, with CEO Mark Zuckerberg unveiling a lower-cost version of the company's Quest virtual reality (VR) headsets, along with artificial intelligence (AI) updates.

Meta CEO Mark Zuckerberg on Wednesday unveiled an affordable mixed reality headset and the prototype of its first augmented reality glasses at the company's annual Connect conference.

Meta unveiled updates to the company's virtual reality headset and Ray Ban smart glasses on Wednesday along with AI advances as it tries demonstrate its artificial intelligence prowess and the next generation of computing platforms beyond smartphones and computers.

The augmented-reality reveal is a long time in the making for Meta Chief Executive Mark Zuckerberg.

Mark Zuckerberg said today that Meta AI is one of the most used AI assistant across the world with “almost” 500 million monthly active users.

At an event in Silicon Valley, Meta exhibited a range of products meant to blend the real world and virtual reality, with a healthy dose of A.I.