Mark Zuckerberg, the CEO of Meta, and Susan Li, the CFO, provided additional information after the company reported its latest quarterly results, with growth in both revenue and net income despite increased investment in AI.
Li mentioned that in financial terms, the return on investment in AI is expected to take longer than originally estimated, while Zuckerberg noted the difficulty in predicting the extent to which AI trends will yield returns. Despite this uncertainty, Meta has chosen to proactively build resources to support these trends, in order to not fall behind if they materialize.
Zuckerberg also commented that Meta’s AI assistant service for users remains on track to be the most widely used AI assistant globally this year, with Generative AI enhancing various services that Meta already has revenue-generating models for, such as using AI to create advertisements and automated chat responses for businesses.
Additional points to note:
– Meta is beginning to train Llama 4, expected to launch next year, with processing resources increasing by 10 times from Llama 3.1
– The trend of AI-powered glasses is expected in the future
– Quest 3 has higher sales than initially projected
– Threads is approaching 200 million active users
– Young adults in America are increasingly using Facebook, contrary to popular belief
Source: The Verge
TLDR: Mark Zuckerberg and Susan Li of Meta discussed the company’s recent financial performance, highlighting increased revenue and net income despite higher investments in AI. They emphasized the challenges in predicting AI trends but are proactively preparing for them. Key points include the development of Llama 4, the future of AI-powered glasses, and the growing usage of Meta’s services.
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