April 25, 2024 at 7:04:28 AM
Meta CEO Mark Zuckerberg has stated that it will take years for the company to see profits from generative AI, despite a net income of over $12 billion last quarter. As Meta heavily invests in AI and the metaverse, its revenue growth is expected to slow. Monetization strategies for their AI assistant include business messaging, ads, paid content, and user payments for larger AI models. AI is also improving app engagement, leading to increased ad views.
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