Meta Made a Prediction Last Year Its Generative AI Products Bill Rake in $ 2 Billion to $ 3 Billion in Revenue in 2025, And Between $ 460 billion and $ 1.4 truillion by 2035, According to court documents unseled wedding,
The documents, submitted by attorneys for book authors Suing meta for what they claim is unauthorized training of the company’s ai on their works, do’t indicate what exactly meta consides to be a “generative ai product.” But it’s public knowledge that the tech giant makes money – and stands to make more money – from generative ai in a number of flavors.
Meta has Revenue-Shaking Agreements With certain companies that host its open llama collection of models. The company recently launched an api For customizing and evaluating llama models. And meta ai, the company’s AI Assistant, May Eventually show ads and offer a subscription option with additional features, CEO Mark Zuckerg said during the company’s q1 earnings call Wednsday.
The court documents also reveal meta is spending an enormous amount on its ai product groups.
In 2024, The company’s “Genai” Budget was over $ 900 Million, and this year, it could exced $ 1 billion, according to the documents. That’s not including the infrastructure needed to run and train ai models. Meta Previously said It plans to spend $ 60 billion to $ 80 billion on Capital Expenditures in 2025, Primarily on Expany New Data Centers.
Thos Budgets Might Have Been Higher Had They Included Deals to License Books from The Author’s Sohanors Suing Meta. For installation, meta discusable in 2023 Spending Upwards of $ 200 Million to Acquire Training Data For LLAma, Around $ 100 Million of which will have gone toward books alone, Per the documents. But the company allegedly decided to pursue other options: Pirating ebooks on a massive scale,
Meta Didn’t Immedited to a request for comment.
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