news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Meta released impressive results overnight, with Q2 revenue and profit both exceeding expectations. In the subsequent earnings call, it further demonstrated its ambitious AI strategy.

During the earnings call, Chief Financial Officer Susan Li reiterated to investors that the financial returns from recent AI investments will "become apparent over a longer period of time."

CEO Zuckerberg explained that the company is investing billions of dollars in AI infrastructure. Although these investments are unlikely to generate returns in the short term, it is crucial to plan ahead.

In addition, Meta also mentioned the new progress of Llama 4, AI promotes advertising business...

Llama 4 may be released next year

Zuckerberg said that Meta has begun training Llama 4, which is scheduled to be launched next year, with the goal of becoming "the most advanced model in the industry." It is worth mentioning that the computing power required to train the Llama 4 model will be 10 times that of 3.1.

The largest version of Llama 3.1 has 405 billion parameters and was trained using more than 16,000 of Nvidia’s expensive H100 GPUs, which, given the cost of Nvidia’s chips, would have cost hundreds of millions of dollars.

Meta AI may become the "most commonly used AI assistant" by the end of the year, but it will take several years to become profitable

Meta also mentioned the progress made with Meta AI, the company's artificial intelligence assistant that it has integrated into Facebook, Instagram and WhatsApp.

Zuckerberg said Meta AI is comparable to products from Microsoft-backed OpenAI and Google and is on track to achieve its goals.That is, to become the "most widely used artificial intelligence assistant" by the end of this year.

However, it may be some time before Meta AI becomes profitable, with Zuckerberg telling analysts that it is not expected to be profitable for "several years."

In addition, Threads' monthly active users reached 175 million in early July and are now on track to reach 200 million, while Facebook's usage among young people is once again on the rise.

AI empowers advertising business

Meta said that AI investment will bring significant boost to its advertising business. AI-optimized advertising not only improves advertising effectiveness, but also improves content recommendation engines, increases engagement and improves user experience.

Meta's advertising revenue in the second quarter reached $38.33 billion, exceeding analysts' expectations, as its average price per ad was higher and its ads were shown more times across its apps.

Meta said its investment in AI will benefit advertisers and its advertising business, which is Meta's core source of revenue.

Betting on the future of AI

CEO Zuckerberg said the company is investing billions of dollars in AI infrastructure, including purchasing Nvidia chips. Although these investments are unlikely to generate returns in the short term, Zuckerberg believes that early planning is crucial, "rather than risking a delay in infrastructure construction, it is better to prepare in advance."

CFO Susan Li emphasized that the financial returns of AI investments will be realized over a longer period of time. The company raised the lower limit of its full-year capital expenditure forecast to US$37 billion and expects capital expenditure to grow significantly in 2025.

Although AI investment may affect profits in the short term, investors remain optimistic about Meta's prospects. After the earnings conference, Meta's stock price rose 7% after hours to $508.