Meta Rolls Out Facebook AI Mode as BofA Sees $15B Revenue Path

On June 15-16 Meta launched AI Mode on Facebook, letting users run natural-language queries over public posts from Groups and Reels plus new Muse Spark-powered photo and video editing tools. The release follows the June 12 global debut of Instagram Plus at $3.99 per month and earlier product milestones including the May 22 Forum app, June 3 Business Agent, and June 4 creator assistant. The initiatives form Meta’s latest attempt to diversify beyond advertising while guiding 2026 capex at $125-145 billion; shares remain down roughly 10% year-to-date despite modest rebounds on monetization news.