Forget the metaverse, AI is the money-spinner at Meta: Reality Labs lost $4.4 billion this quarter, but Mark Zuckerberg's razor sharp AI focus is delivering results - and there's more to come with Llama 4 on the horizon

from ITPro 4 months ago

"We had a good quarter driven by AI progress across our apps and business... We also have strong momentum with Meta AI, Llama adoption, and AI-powered glasses."
ITProhttps://www.itpro.com/business/business-strategy/forget-the-metaverse-ai-is-the-money-spinner-at-meta-reality-labs-lost-usd4-4-billion-this-quarter-but-mark-zuckerbergs-razor-sharp-ai-focus-is-delivering-results-and-theres-more-to-come-with-llama-4-on-the-horizon

"As expected, Meta had a good quarter following its renewed momentum at the start of this year. AI continues to be the company's center of gravity, and for good reason: it's improving the user experience of Meta's apps and, as a result, increasing time spent."
ITProhttps://www.itpro.com/business/business-strategy/forget-the-metaverse-ai-is-the-money-spinner-at-meta-reality-labs-lost-usd4-4-billion-this-quarter-but-mark-zuckerbergs-razor-sharp-ai-focus-is-delivering-results-and-theres-more-to-come-with-llama-4-on-the-horizon

Read at ITPro

#meta #ai #financial-results #user-engagement #earnings-call

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