Meta CEO Says 9M Small Businesses On Our Platforms Are Now Using At Least One Of Our AI Ad Creative Tools; The Majority Of Our Compute Is Going Toward Our Own Business, But We Also Expect To Grow A Large Business Serving Large Customers As Well; Plan To Monetize AI Products Is A 'Business In A Box' Service, With Mix Of Subscriptions And Volume-Based Pricing
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Why It Matters
Meta says millions of small businesses are using their new AI tools to make ads, and the company plans to make money by selling AI services to big customers too. When a company builds useful tools that lots of people want, it can help them grow their business in new ways.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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