AI Index / Meta Platforms, Inc.
Meta Platforms, Inc. (META)
Meta uses AI to power content moderation, personalized recommendations, and advertising across its platforms like Facebook and Instagram. The company also develops large language models like LLaMA 3 and Sam 2, which contribute to both internal and external AI innovation. Meta integrates AI into its efforts in virtual and augmented reality, enhancing user experiences and research into advanced AI technologies.
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Location: US
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Market Cap: $1.6T
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https://investor.fb.com
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I am very focused on establishing Meta as the leading frontier AI lab. Building personal superintelligence for everyone and delivering the app experiences and computing devices that will improve the lives of billions of people around the world.
- Mark Zuckerberg
Quotes from meta Executives About Artificial Intelligence and Generative AI
Meta Superintelligence Labs is off to a strong start. I think that we've already built the lab with the highest talent density in the industry. We're heads down developing our next generation of models and products and I'm looking forward to sharing more on that front over the coming months.
- Mark Zuckerberg
Our approach of advancing open source AI means that when Meta innovates, everyone benefits.
- Mark Zuckerberg
Our ads business continues to perform very well, largely due to improvements in our AI ranking systems as well.
- Mark Zuckerberg
We are also working on combining these 3 major AI systems into a single unified AI system that will effectively run our family of apps and business using increasing intelligence to improve the trillions of recommendations that we'll make for people every day.
- Mark Zuckerberg
More than 1 billion monthly actives already use Meta AI and we see usage increase as we improve our underlying models.
- Mark Zuckerberg
Our business AIs will enable tens of millions of businesses to scale these conversations and improve their sales at low cost and the better our models get, the better this is going to work for all businesses.
- Mark Zuckerberg
This quarter, we also launched Vibes which is the next generation of our AI creation tools and content experiences.
- Mark Zuckerberg
The engagement gains continue to be driven by product work and ongoing improvements to our recommendation systems as we optimize our model architectures, implement advanced modeling techniques and integrate more signals about people's interests.
- Susan Li
Another large focus next year is leveraging LLMs to improve content understanding.
- Susan Li
Finally, business messaging remains a significant opportunity for us. We're seeing strong growth across our portfolio of solutions, including with click-to-WhatsApp ads, which grew revenue 60% year-over-year in Q3.
- Susan Li