Meta AI Surpasses 500M Users, Threads Soars with 1M Daily Sign-Ups
October 31, 2024The company’s Threads app is also experiencing impressive growth, adding over one million new sign-ups daily and nearing 275 million total monthly users.
CFO Susan Li indicated that Meta AI is on track to become the most widely used AI assistant globally by the end of 2024.
Meta AI now allows users in the US, Australia, Canada, and New Zealand to upload photos for analysis and editing through text prompts, utilizing the advanced Llama 3.2 model.
This AI assistant is integrated across various Meta applications, including Facebook, WhatsApp, Instagram, and Messenger, with a dedicated web app available for users.
During the earnings call on October 30, 2024, Zuckerberg announced plans for significant spending to enhance Meta's AI infrastructure, raising the annual spending forecast to between USD 38-40 billion.
Advertisers are increasingly adopting Meta's AI tools, with over 15 million ads generated using generative AI in October 2024 alone.
Zuckerberg reported that over 3.2 billion people use at least one Meta app daily, contributing to the rapid adoption of Meta AI and its Llama model.
Meta's commitment to AI development is further evidenced by the ongoing development of Llama 4, which is set to be released in early 2025.
Zuckerberg expressed optimism about the potential for AI advancements to drive business growth and emphasized the need for continued investment in infrastructure.
Meta Platforms Inc. has announced that its generative AI assistant, Meta AI, has surpassed 500 million users, a milestone highlighted by CEO Mark Zuckerberg during a recent earnings call.
Li noted that Meta AI is frequently used for tasks such as information gathering, content discovery, and image generation, showcasing its versatility.
Improvements in AI-driven content recommendations have led to an 8% increase in user engagement on Facebook and a 5% increase on Instagram this year.
Summary based on 5 sources
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Sources
Slashdot • Oct 31, 2024
Meta AI Surpasses 500 Million Users - SlashdotNewsBytes • Oct 31, 2024
Meta AI surpasses 500M users within a year of launch