Meta's AI Agent "Hatch" Nears Launch, Tiered Pricing Eyed

1h ago·0:00 listen·Source: PYMNTS.com

Summary

A new consumer-focused AI agent from Meta, internally called "Hatch," could launch in the next several weeks. This offering is part of CEO Mark Zuckerberg's strategy to monetize Meta's AI investments and expand revenue beyond advertising. Meta is reportedly considering a tiered pricing system for Hatch, with a premium subscription potentially costing up to $199.99 per month for higher usage limits. Hatch has been trained to access various websites, including DoorDash, Etsy, Reddit, Yelp, and Outlook. Early prototypes show a customizable dashboard with tools like fitness trackers or travel itinerary development. The company is also preparing a platform on WhatsApp to allow users to integrate and chat with other AI agents. This is expected to roll out to a smaller group of users as early as this week. Hatch will run inside Instagram, making it easily accessible to its over 2 billion daily users, unlike some other AI agents that require personal computer installation. This approach aligns with consumer behavior, as over 60% of Americans used a dedicated AI platform in the past year.

Read the full article on PYMNTS.com

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