Meta Earnings Announcement Goes Big on AI

PYMNTS.com— If anyone had any doubts about Meta’s long-term commitment to artificial intelligence (AI), they were erased in the first minute of the company’s earnings call on Wednesday (April 24). While analysts were waiting to hear about the return on investment in the technology would bring, CEO Mark Zuckerberg made it clear that AI is on a two-to-three-year development roadmap. AI […]

MediaNama—It will take a multi-year investment cycle before Meta’s AI offerings become profitable: Insights from Meta’s Earnings Call. Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.

NextBigFuture.com—Meta Free AI Models and Integrating AI Ask Meta Query Into Facebook and Instagram. Meta has put Meta AI front and center in the search bars for Facebook and Instagram that have served as key tools to find content from particular friends or creators. This is what the All-in-Podcast guys called scorched Earth for AI. This means almost no one will pay the $20 per month or other subscriptions

Yahoo Finance—Meta Q1 earnings preview: Ad growth and AI are front and center. Meta (META) will report its first quarter earnings after the bell on Wednesday, with Wall Street looking for another sizable jump in revenue...