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Facebook ( FB ) wrapped up its two-day F8 Developer Conference this week, clearly looking to drive immersion on the social network and ultimately tying it to the potential for user growth and ad views as well as alternate revenue drivers. The company showcased its rollout of live video streaming that users can post to their Facebook walls — including live aerials from drones. CEO Mark Zuckerberg demonstrated it on Tuesday, the conference’s first day. His 10-year plan looks at broad ways to enhance connectivity, power experiences and transactions with artificial intelligence, and develop virtual reality and augmented reality interactions. A how-to at F8 showed how developers can now write AI-powered bots that let people do things, like order flowers from 1-800-Flowers ( FLWS ) via Facebook message. Microsoft ( MSFT ) introduced its own bot-platform strategy a couple of weeks ago at its Build 2016 developer conference. Global Equities Research analyst Trip Chowdhry called Facebook’s AI efforts a positive for chipmaker Nvidia ( NVDA ), a Facebook partner in AI whose graphics technology is also big in supplying computing power for VR. Both Facebook and Nvidia are on the IBD 50 growth stocks list with top Composite Ratings, though they’re not in buy range. Another big online company in VR, Google owner Alphabet ( GOOGL ), is also on the list. Facebook F8 Takeaways: AI, VR, Bots And A 10-year Plan Related: Facebook Revs Engine On Multibillion-Dollar Market Opportunities Scalper1 News
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