Meta Platforms, Inc. (META) Says AI Rivals Will be Allowed on Whatsapp For a Year, Reuters Reports

Meta Platforms, Inc. (NASDAQ:META) is one of the top stocks that will make you rich in 10 years.

Reuters reported on March 5 that according to Meta Platforms, Inc. (NASDAQ:META), AI rivals will be allowed on WhatsApp for a year, with the decision aimed at heading off a possible temporary order from EU ​antitrust regulators following complaints from competitors shut out of the messaging service.

Similar to Italy’s watchdog in December, the European ‌Commission, the EU's competition enforcer, threatened interim measures last month to prevent potential irreparable and serious harm to rivals after Meta Platforms, Inc. (NASDAQ:META) barred them from WhatsApp on January 15, only allowing its Meta AI assistant to function on the service. The company has now told the Commission that it will allow rival AI chatbots access to WhatsApp for a fee. ​Reuters reported that a Meta spokesperson stated that for the next 12 months, the company will support general-purpose AI chatbots using ​the “WhatsApp Business API in Europe in response to the European Commission's regulatory process". The spokesperson added that this "removes the need for any immediate intervention as it gives the European Commission the time it needs to conclude its investigation."

Meta Platforms, Inc. (NASDAQ:META) builds technological products that allow people to share, connect, grow businesses, and find communities. These products help people connect through personal computers, mobile devices, virtual reality (VR), mixed reality (MR) headsets, and wearables.

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