Meta Kicks Off Connect Developers Conference: What to Expect
Meta Connect 2024, taking place on Wednesday, will showcase Meta’s latest advancements in AI and hardware, including new VR and AR products.
Meta Platforms Inc.’s annual Meta Connect Conference 2024 is all set to begin with Chief Executive Mark Zuckerberg taking center stage to unveil the company’s next steps in using artificial intelligence and introducing new features into its product lineup. The Meta Connect Event 2024 will start at 1 p.m. ET, and will be streamed live on Facebook, offering a glimpse into Meta’s vision for the future of AI and its evolving technology.
AI Announcements Expected at Meta Connect AI
Industry analysts and tech insiders are anticipating significant AI announcements during the two-day Meta Connect AI event. According to sources, Meta is expected to reveal new AI capabilities across its suite of apps, including advanced tools for creating image and video content, as well as enhanced AI-driven search features. In a research note, Dan Salmon, an analyst at New Street Research, mentioned that Meta is likely to introduce updates aimed at deepening the integration of AI into its platforms.
Meta has gradually been releasing its open-source AI models under the Llama brand, providing developers and companies with access to increasingly sophisticated AI technologies. This summer, Zuckerberg hinted that the upcoming Llama 4.0 model might enable an intelligent agent to perform complex user tasks, with responses that could span weeks or months.
New Product Announcements: Meta Quest 3S and Meta Orion AR Glasses
Alongside AI innovations, Meta is expected to announce updates to its hardware lineup at Meta Connect 2024. Reports from technology news outlet The Verge predict the introduction of the Meta Quest 3S, a more affordable version of the Quest 3 VR headset, as well as the Meta Connect 2024, an updated version of the Ray-Ban Meta smart glasses. Both products are part of Meta’s broader plan to expand its footprint in the virtual and augmented reality markets.
This focus on innovation is also reflected in Meta’s financial strategy. During its recent earnings call, Meta revealed plans to “significantly increase” its investments in AI infrastructure over the coming year, demonstrating its commitment to growing its AI capabilities and solidifying its future growth.
Strong Performance for Meta in the Past Year
Meta’s stock has surged 59% this year, outpacing the 20% rise in the tech-heavy Nasdaq Composite index. This strong performance can be attributed to Meta’s continued investment in AI and its strategy to maintain its position as a leader in the tech industry.
As the Meta Connect 2024unfolds, consumer and investor interest will be focused on how the company plans to leverage AI and innovative hardware like the Meta Quest 3S and Meta Orion AR Glasses to shape the future of digital interaction and social media.
Inside Telecom provides you with an extensive list of content covering all aspects of the tech industry. Keep an eye on our Tech sections to stay informed and up-to-date with our daily articles.