Meta is set to report its fourth-quarter earnings for 2024, with analysts focusing on CEO Mark Zuckerberg's plans to invest significantly in AI infrastructure, increasing from $50bn to between $60bn and $65bn. This ramp-up occurs in the face of fierce competition, particularly from DeepSeek AI. Meta is also launching a personalized AI assistant while claiming its AI is the most used virtual assistant. Analysts express mixed feelings about the impact of competition, signaling a cautious outlook on future monetary allocations and examining Zuckerberg's controversial decision to eliminate third-party fact-checking programs.
As Meta faces increased competition from new players like DeepSeek AI, the company is ramping up its AI efforts with significant investments planned for 2025.
Despite early successes of Chinese competitor DeepSeek, some analysts remain optimistic about Meta's AI capabilities and its ongoing commitment to AI infrastructure.
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