Meta predicts to make a 1.4t revenue from generative AI by 2035.
Meta made prediction last year that their AI generative products will pay off revenue from $ 2 billion to $ 3 billion in 2025 and between $ 460 billion and $ 1.4 trillion to $ 2035, According to court documents unseen on WednesdayS
The documents submitted by a book authors Judging Meta for what they claim to be unauthorized training From the company of the company for their works, do not indicate exactly what Meta considers to be a “generative AI product”. But the public knowledge is that the technological giant makes money – and it stands to make more money – from generative AI in a number of scents.
Met has Revenue Sharing Agreements With certain companies that host his Open Llama collection of models. The company recently launched API To customize and evaluate Llama models. And Meta AI, the company’s AI assistant can eventually display ads and offer an option to subscribe with additional functions, Executive Director Mark Zuckerberg said During the company’s Q1 profit on Wednesday.
The court documents also reveal that META is spending a huge amount on its AI product groups.
In 2024, Genai’s budget was over $ 900 million, and this year it could exceed $ 1 billion, according to documents. This does not include the infrastructure required to manage and train AI models. Meta earlier said He plans to spend $ 60 billion to $ 80 billion on capital expenditures in 2025, mainly for expansive new data centers.
These budgets may have been higher if they included book transactions for licenses by the authors who sue Meta. For example, Meta, discussed in 2023, spend over $ 200 million on acquisition of Lama training data, about $ 100 million of which would go for books alone, according to documents. But the company claims to have decided to pursue other options: Pirate e -books on a large scaleS
META spokesman send TechCrunch the following statement:
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“Meta has developed transformational (open) models of AI that power incredible innovations, productivity and creativity for people and companies. The fair use of copyright protected materials is vital to this. We do not agree with the (authors) to the defense. all. ”