← Back to live feed1 story
Meta's Muse AI assistant has over 25% of its 10 million US and Canadian users shopping through the agent, with average purchases exceeding $200, and CEO Mark Zuckerberg expects it to eventually generate more revenue per person than Meta's core apps. Meta plans to monetize the service through transaction fees and has increased its credit limits with Stripe to handle higher commerce volumes, while reporting Q3 revenue of $64.6 billion that beat estimates despite missing earnings per share forecasts. The company is guiding for capital expenditures of $135 billion to $145 billion in 2026 to expand AI infrastructure and intends to improve compute efficiency 10 fold over the next year.
Sign in to suggest
Key sources
- SOURCE@wallstengine“apps already generate several hundred dollars per user annually and expects Muse to eventually earn more”x.com
- SOURCE@wallstengine“expect to improve compute cost efficiency by more than 10-fold over the next year”x.com
- SOURCE@thetranscript_“we have more than 10 million people in the US and Canada who have set it up”x.com
- SUPPORT@jbahrdestefano“only the 12th app ever to do that - last one was Threads in ‘23”x.com
- SUPPORT@edzitron“Cool stuff mark. Any idea how it makes you money?”x.com
- SUPPORT@eric_seufert“dropped to rank #3 on the Top Downloaded chart in the US App Store”x.com
- SUPPORT@grousark“More than a quarter of Muse users are doing it, average purchase size over $200”x.com
- SOURCEhuggingnewshuggingnews.com