33 annotations
Meta AI now creates animations from still images and now generates high-quality images so fast that it can create and update them as you are typing
(No comment added)
Transcript
2024 Q1
28 Apr 24
Meta AI with a vision on the glasses is a good example where you can now ask questions about things that you're looking at
(No comment added)
Transcript
2024 Q1
28 Apr 24
Last week, we had the major release of our new version of Meta AI that is now powered by our latest model, Llama 3.
(No comment added)
Transcript
2024 Q1
28 Apr 24
We are building a number of different AI services from Meta AI, our AI assistant that you can ask any question across our apps and glasses to creator AIs
(No comment added)
Transcript
2024 Q1
28 Apr 24
Reels, I mean, it scaled and there was a period where it was not profitable for us as it was scaling before it became profitable
(No comment added)
Transcript
2024 Q1
28 Apr 24
we build out the inventory first for a period of time and then we monetize it
(No comment added)
Transcript
2024 Q1
28 Apr 24
once our new AI services reach scale, we have a strong track record of monetizing them effectively
(No comment added)
Transcript
2024 Q1
25 Apr 24
we're investing in scaling a new products but aren't yet monetizing it
(No comment added)
Transcript
2024 Q1
25 Apr 24
we'll still grow our investment envelope meaningfully before we make much revenue from some of these new products
(No comment added)
Transcript
2024 Q1
25 Apr 24
we should invest significantly more over the coming years
(No comment added)
Transcript
2024 Q1
25 Apr 24
Over time, we'll need to find better ways to articulate the value that's generated here across both segments.
(No comment added)
Transcript
2024 Q1
25 Apr 24
family of apps and Reality Labs
(No comment added)
Transcript
2024 Q1
25 Apr 24
I think of them as fundamentally the same business
(No comment added)
Transcript
2024 Q1
25 Apr 24
Reels is a revenue headwind today that we expect will become revenue neutral by the end of the year or early next year
(No comment added)
Transcript
2023 Q1
27 Apr 23
Great. Thanks for taking my questions. I have two, one for Mark, one for Susan. Mark, the first one is on generative AI. I sort of wanted to dig a little more into how you think about your blue-sky potential user and advertiser use cases of generative AI? And how do you think about the timeline see some glimpses of those on the platform? And then the second one for Susan, just anymore color on the new data center architecture and how we should think about the long-term capital intensity of the business, whether it’s CapEx per minute, CapEx per DAU? How big of a long-term benefit could this change be to the overall cash flow? Thanks.
(No comment added)
Transcript
2022 Q4
3 Feb 23
lowered from our prior estimate of $34 billion to $37 billion
(No comment added)
Transcript
2022 Q4
2 Feb 23
we expect capital expenditures to be in the range of $30 billion to $33 billion
(No comment added)
Transcript
2022 Q4
2 Feb 23
Over the long-term, we are investing heavily in AI to develop and deploy privacy-enhancing technologies and continue building new tools that will make it easier for advertisers to create and deliver more relevant and engaging ads.
(No comment added)
Transcript
2022 Q4
2 Feb 23
increased automation for advertisers to make it easier for them to run campaigns and use our systems to optimize their performance.
(No comment added)
Transcript
2022 Q4
2 Feb 23
Family of Apps’ other revenue was $184 million in Q4, up 19%, with strong business messaging revenue growth from our WhatsApp business platform partially offset by a decline in other line items.
(No comment added)
Transcript
2022 Q4
2 Feb 23