Meta anticipates significant revenue from its generative AI ventures, projecting between $2 billion and $3 billion in 2025. By 2035, this figure could soar to between $460 billion and $1.4 trillion. These projections surfaced in court documents related to a lawsuit concerning the use of copyrighted books for AI training. Meta currently generates revenue through models like Llama and plans to introduce an AI assistant incorporating advertising and subscription services.
The company's AI budget is set to exceed $1 billion in 2025. Meta's approach to AI development has faced scrutiny, particularly its decision to forgo licensing books, opting instead for methods that have sparked legal challenges. Despite the controversy, Meta remains committed to its AI strategy, asserting that fair use is crucial for fostering innovation in the field. The outcome of the legal battle could significantly impact Meta's future AI endeavours and its projected revenue streams.
