Mark Zuckerberg took care to remind investors on Wednesday that Meta is very invested in the Arms racing AI in progress in the technological industry.
The CEO mentioned the AI no less than 22 times during its opening presentation of approximately 11 minutes and five times more by answering the questions throughout the meeting. Overall, the word “AI” was used 57 times on Wednesday between Zuckerberg, analysts’ questions and the comments of the Susan Li Meta-CFO.
Zuckerberg said that artificial intelligence was a “key theme” for Meta and added that AI “would have an impact on each of our applications and services”. The company’s work of the company has already started to strengthen its family of applications – including Instagram, which, according to Zuckerberg, saw a 24% booss In the time people spent there after the launch of coils fueled by AI.
“I think there is an opportunity to introduce AI agents to billions of people in a way that will be useful and significant,” said Zuckerberg.
The CEO has also suggested that the large language model of the company, Llama, could possibly be available for more users. Meta opened access to him to some researchers in February.
“A large part of the work we do, I think, we would succeed and hope to do even more open than that,” said Zuckerberg. “So we have to find a way to do it.”
Despite the emphasis on artificial intelligence, Zuckerberg said that the company does not abandon its plans for the metavese.
“A story has developed that we are moving away in one way or another from focusing on the Metaveverse vision, so I just want to say in advance that it is not correct,” said Zuckerberg. “We have been focusing on AI and the Metavese for years now, and we will continue to focus on both.”
During the meeting, Zuckerberg spent about six minutes to discuss his plans for AI and less than 90 seconds on the metavese. When calling the previous results in February, Zuckerberg referred to AI approximately 16 times and before the Openai chatgpt made the headlines in November, he approached 9 times.
A Meta spokesperson refused to comment.
Meta is not the only company to ensure that Wall Street knows its efforts in AI. Microsoft CEO, Satya Nadella, mentioned the AI and the company’s partnership with Openai approximately 29 times during its opening comments on Tuesday. And the CEO of Alphabet, Sundar Pichai, used the word at least 33 times during his introduction declarations on Tuesday.
Reuters previously reported This meta leader of the infrastructure that Santosh Janardhan had warned the company Last year, he had a “significant gap” when it comes to adopting artificial intelligence on his platforms. AI systems require more computing power, because its training requires that the system passes through a large amount of data. An analyst previously told Information This Openai chatbot could cost as much as $ 700,000 per day Due to its need for calculation of calculation and expensive servers.
On Wednesday, Meta’s financial director said that the company planned to spend around $ 30 billion at $ 33 billion in 2023 to support its “continuous strengthening of AI capacity to support advertisements, animal food, as well as an increased investment in the capacity of our AI -generating initiatives”.
Meta’s Stock Leap 14% Thursday after the company’s income, Wall Street’s expectations.