Meta says it is rolling out improvements to Meta AI, including the ability to tap profile data from Meta's various apps.

Meta is giving its AI assistant a better “memory” in an effort to make the chatbot more useful. The company’s latest AI update allows the assistant to “remember certain details that you share with it in 1:1 chat” and uses your past activity on Facebook and Instagram to make more personalized recommendations.

Meta AI introduces new features, including Memory Boost and personalised recommendations, to provide more relevant responses and suggestions.

Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.

Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.