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Meta forecasted it would make $1.4T in revenue from generative AI by 2035
Meta forecasts that its generative AI products will rake in $2 billion to $3 billion in revenue this year, and between $460 billion and $1.4 trillion by 2035, according to court documents.
The court documents also reveal Meta is spending an enormous amount on its AI product groups. Those budgets might have been higher had they included deals to license books from the authors suing Meta. But the company allegedly decided to pursue other options: pirating ebooks on a massive scale.
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