Meta's AI Strategy: Domination and Dividends
Mark Zuckerberg outlined Meta's strategy to dominate the AI race against Google and Microsoft, citing the company's vast collection of user-generated images and videos as a key advantage. Despite the hefty projected cost of over $30 billion annually, Meta aims to develop general intelligence AI products and services to outperform its competitors. The company's stock soared following the announcement of its first-ever cash dividend to investors. However, questions remain about how Meta will address user privacy concerns and leverage user activity as training data for AI.