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Meta forecasted it would make $1.4T in revenue from generative AI by 2035

Meta made a prediction last year its generative AI products would rake in $2 billion to $3 billion in revenue in 2025, and between $460 billion and $1.4 trillion by 2035, according to court documents unsealed Wednesday. The documents, submitted by attorneys for book authors suing Meta for what they claim is unauthorized training of

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Threads tops 350M monthly users, after adding 30M in the quarter

Instagram Threads, Meta’s X competitor, has now grown to over 350 million monthly active users, CEO Mark Zuckerberg revealed during the company’s Q1 2025 earnings call on Wednesday. That’s an increase of 30 million users since the prior quarter, when Meta reported Threads then had 320 million users. The new figure represents increased growth, as

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Meta says its Llama AI models have been downloaded 1.2B times

In mid-March, Meta said that its “open” AI model family, Llama, hit 1 billion downloads, up from 650 million downloads as of early December 2024. On Tuesday at its inaugural LlamaCon developer conference, Meta revealed that figure has reached 1.2 billion downloads. “We have thousands of developers contributing tens of thousands of derivative models being downloaded

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