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Meta Platforms:Quarterly Results/2023 Q4: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q4 (view source)
Revision as of 08:51, 2 February 2024
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== Summary of the earnings call == | == Summary of the earnings call == | ||
=== AI Products === | |||
* Meta's major goal is to build the most advanced and popular AI products. "And if we succeed, everyone who uses our services will have a world-class AI assistant to help get things done, every creator will have an AI that their community can engage with, every business will have an AI that their customers can interact with to buy goods and get support, and every developer will have a state-of-the-art open source model to build with, " CEO Mark Zuckerberg said in the earnings call. | |||
* Zuckerberg said they have realized that they will need to build general intelligence unlike in the past when they thought they needed specific AI models. | |||
* Zuckerberg said they learnt a great lesson when they underbuild Reels GPU and that they are not going to repeat the mistake. | |||
* Zuckerberg expects the training and operation of AI models to be compute-intensive, "roughly 10x the amount of compute each year." | |||
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== Management Guidance and Analysts' Estimate == | == Management Guidance and Analysts' Estimate == | ||