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Meta Stock Price Jumps 3% on Plan to Sell AI Subscriptions

Meta Stock Price Jumps 3% on Plan to Sell AI Subscriptions

Meta wants a slice of the subscriptions pie.

The social media giant and budding AI superpower unveiled a host of subscription options for its services on Wednesday, including its AI chatbot, as well as its core social media offerings.

Meta stock jumped on the news. Shares of the tech gained 4% by the closing bell, though the stock is still down about 4% year to date.

The company said it was rolling out subscription plans for its Meta AI platform, which would allow users to pay for greater functionality.

The company is selling two subscription tiers, at $7.99 a month and $19.99 a month. They allow heavy users on Meta’s AI platform to gain access to “more capacity” and submit “more complex…

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