Lates News

Meta Platforms (META.US) Chief Financial Officer: User growth in many developed markets has reached saturation, but the company's global user base on platforms like Facebook, Instagram, and WhatsApp continues to grow; there are still significant growth opportunities in some markets that have not yet reached saturation. Image expansion in Meta Advantage+ is the company's most commonly used generative artificial intelligence tool. The company's next frontier of development is video generation, using a static image to generate a video. "TBD Labs" is a small but talent-dense team that is currently being assembled to focus on developing the next generation of foundational models; TBD LABS is a placeholder name and the scope is still being defined with the goal of pushing forward cutting-edge models in the next 1-2 years (meeting minutes).