{"id":872874,"date":"2024-11-02T10:07:28","date_gmt":"2024-11-02T04:37:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=872874"},"modified":"2024-11-02T10:07:28","modified_gmt":"2024-11-02T04:37:28","slug":"why-mark-zuckerberg-is-spending-billions-on-ai-and-isnt-looking-back","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/02\/why-mark-zuckerberg-is-spending-billions-on-ai-and-isnt-looking-back\/","title":{"rendered":"Why Mark Zuckerberg is spending billions on AI and isn&#8217;t looking back"},"content":{"rendered":"<p>In the fast-evolving landscape of artificial intelligence (AI), Meta Platforms, Inc. is positioning itself as a key player. During its recent third-quarter earnings call, Meta executives underscored their commitment to substantial AI investment, linking this focus to the company&#8217;s robust quarterly financial performance. As per reports, the company\u2019s revenue reached $40.59 billion, surpassing market expectations of $40.25 billion. CEO Mark Zuckerberg attributed this success to the strategic deployment of AI, which he believes has unlocked new growth avenues across Meta&#8217;s core business. However, Zuckerberg also acknowledged that maintaining momentum requires considerable infrastructure investment, underlining AI\u2019s significant role in Meta\u2019s forward strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the fast-evolving landscape of artificial intelligence (AI), Meta Platforms, Inc. is positioning itself as a key player. During its recent third-quarter earnings call, Meta executives underscored their commitment to substantial AI investment, linking this focus to the company&#8217;s robust quarterly financial performance. As per reports, the company\u2019s revenue reached $40.59 billion, surpassing market expectations of $40.25 billion. CEO Mark Zuckerberg attributed this success to the strategic deployment of AI, which he believes has unlocked new growth avenues across Meta&#8217;s core business. However, Zuckerberg also acknowledged that maintaining momentum requires considerable infrastructure investment, underlining AI\u2019s significant role in Meta\u2019s forward [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-872874","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=872874"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872874\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=872874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=872874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=872874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}