BRIEF-Meta CEO Says Meta AI Now Has More Than 500 Mln Monthly Active Users

Reuters10-31 05:56

Oct 30 (Reuters) - Meta Platforms Inc :

* META CEO SAYS JUST PASSED MILESTONE OF 2 BILLION WHATSAPP CALLS PLACED GLOBALLY EACH DAY - CONF CALL

* META CEO SAYS META AI NOW HAS MORE THAN 500 MILLION MONTHLY ACTIVE USERS

* META CEO SAYS LLAMA 4 MODELS ARE TRAINING ON A CLUSTER THAT IS BIGGER THAN 100,000 H100 GPUS A DAY

* META CFO SAYS CAPEX IN Q3 WAS IMPACTED DUE TO SERVER DELIVERY DELAYS, EXPECT PAYMENT IN Q4

* META CFO SAYS EXPECT TO COMPLETE GLOBAL ROLLOUT OF FACEBOOK FULL-SCREEN VIDEO TAB IN EARLY 2025

* META CFO SAYS LOOKING TO INTRODUCE CROSS-SERVICE DATA TO RANKING MODELS TO IMPROVE RECOMMENDATIONS ACROSS APPS

* META CFO SAYS WE EXPECT TO MAKE FIRST VIDEO GENERATION FEATURES MORE BROADLY AVAILABLE BY EARLY NEXT YEAR

* META CFO SAYS WE THINK THERE WILL BE A BROADENING SET OF QUERIES PEOPLE USE META AI FOR OVER TIME, INCLUDING MORE MONETIZABLE QUERIES

* META CFO SAYS WE'RE EVALUATING 2025 INVESTMENT OPPORTUNITIES AND SUPPORTING THAT BY CONTINUING TO FOCUS ON STREAMLINING OUR OPERATIONS ELSEWHERE

* META CEO SAYS GOAL FOR NEXT YEAR IS TO MAKE AI STUDIO AND BUSINESS AI PRETTY WIDESPREAD USE CASES

* META CFO: FOCUSED ON EFFICIENCY EFFORTS BROADLY, INCLUDING PUSHING PARTS OF CO WHERE WE EXPECT TO MAKE MORE HEADCOUNT INVESTMENTS TO BE MORE EFFICIENT

* META CFO SAYS THINKING ABOUT 2025 REALITY LABS INVESTMENTS, WE ARE VERY EXCITED ABOUT PROGRESS AND STRONG CONSUMER INTEREST IN OUR SMART GLASSES

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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