Meta’s latest earnings call reveals that the company's focus is squarely on AI. Despite heavy spending on AI, Meta continues to generate significant revenue, making over $39 billion last quarter alone. CEO Mark Zuckerberg emphasized the strategic investment in AI, stating, “I’d rather risk building capacity before it is needed rather than too late.”

Key Highlights:

- AI Investments: CFO Susan Li noted that returns from AI investments will take time, but Meta is committed to building infrastructure now.

- AI Assistant: Zuckerberg aims for Meta’s AI assistant to be the most used in the world by year-end, enhancing product engagement and providing business solutions like AI-generated ads and customer service agents in WhatsApp.

- Llama 4: Meta is preparing to train Llama 4, expected to be the industry’s most advanced model, requiring nearly 10 times more compute power than Llama 3.1.

- AI Glasses: While Zuckerberg didn’t confirm investment talks with EssilorLuxottica, he expressed excitement about developing future generations of AI glasses following the success of the latest Meta Ray-Bans.

- Quest 3: The Quest 3 is exceeding sales expectations, with a cheaper version anticipated to be announced in September.

- Threads and Facebook Growth: Threads is nearing 200 million monthly users, and Facebook is reportedly growing among young adults in the US, countering public narratives about its user base.

Meta’s strategic bets on AI signal a transformative direction for the company, poised to integrate AI deeply into its products and services.