Meta hired Salesforce's CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta's apps to reach consumers,

We recently published a list of 15 AI News Investors Are Paying Attention To. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other AI news investors are paying attention to.

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Meta has hired the former CEO of Salesforce AI, Clara Shih, to lead a new “Business AI” group.

Meta, the parent company of Facebook and Instagram, has hired away Salesforce’s head of AI to run a new product group dedicated to developing AI-powered tools for business.

Meta stock analysts are bullish on the company's hire of a former Salesforce executive to lead a new business AI group.

Meta is creating a new product unit to develop AI tools for the 200 million businesses that use its apps, Axios has learned. Why it matters: Meta is an advertising company. To fuel ad growth, it needs to invest in the businesses that use its platform to interact with customers.

Meta has appointed Clara Shih, the former CEO of AI at Salesforce, to spearhead a newly created Business AI group aimed at developing AI tools for businesses using its social media platforms. In a LinkedIn post on Tuesday,

Shares of Meta Platforms, Inc. ($META) traded slightly lower Wednesday afternoon, even as retail investor attention remained strong following two consecutive sessions of gains. Jefferies reiterated its ‘Buy’ rating and $675 price target,