Mark Zuckerberg said Meta’s numerous bets on artificial intelligence were showing “strong momentum” as quarterly revenue and earnings topped Wall Street expectations, but he forecast that the company’s AI spending spree would accelerate into next year.
Zuckerberg said adoption of Meta AI, the company’s chatbot, was growing among users as was the company’s open large language model Llama by businesses and developers. Llama is being trained on a cluster of 100,000 AI chips called H100s, which is “bigger than anything I’ve seen reported for what others are doing”, he added. Zuckerberg also pointed to recent excitement around its AI-powered glasses, part of a partnership with Ray-Ban eyewear.
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