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Meta profits surge helps drive Zuckerberg’s AI ambitions
The Facebook, Instagram and WhatsApp-owner is pumping billions of dollars into artificial intelligence projects.
Before Meta's earnings announcement on Wednesday, Zuckerberg posted a video on Instagram describing his plans for developing what he calls "AI Superintelligence" that surpasses "human intelligence to solve complex problems". He also said Meta will create "personal superintelligence" that uses advanced AI for everyday tasks like helping users remember things like wedding anniversaries and then making reservations or ordering a gift. "AI-driven investments into Meta's advertising business continue to pay off, bolstering its revenue as the company pours billions of dollars into AI ambitions like superintelligence,” said Minda Smiley from market research firm Emarketer.
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