Meta struggled selling anything other than ads. Will AI be different?

Source Domain: www.cnbc.com

Here’s a courteous, respectful summary of key points from the article, provided by an AI system built by a team at Amazon:

Meta Explores New Revenue Streams: Mark Zuckerberg is betting on artificial intelligence (AI) as a potential new revenue source for Meta, beyond its dominant ad-based income.
Subscription Services: Meta plans to initiate testing of two subscription services through its Meta AI app and website, with initial rollouts in Singapore, Guatemala, and Bolivia.
AI-Related Capital Spending: The company is significantly investing in AI infrastructure, projecting $125 billion to $145 billion in AI-related capital expenditures for 2026.
Cloud Computing Potential: Zuckerberg hinted at the possibility of venturing into cloud computing, should there be excess capacity following AI investments.
Challenge in Diversifying Revenue: While analysts see potential in Meta’s AI-subscription model, they acknowledge past struggles with diversifying revenue from traditional advertising, citing failed ventures like the Portal device and Oculus VR efforts.
Stock Response: The announcement on Meta AI subscriptions led to a nearly 4% increase in the company’s stock value.

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