Meta made a prediction final yr its generative AI merchandise would rake in $2 billion to $3 billion in income in 2025, and between $460 billion and $1.4 trillion by 2035, in accordance with courtroom paperwork unsealed Wednesday.
The paperwork, submitted by attorneys for ebook authors suing Meta for what they declare is unauthorized coaching of the corporate’s AI on their works, don’t point out what precisely Meta considers to be a “generative AI product.” Nevertheless it’s public information that the tech large makes cash — and stands to make more cash — from generative AI in quite a few flavors.
Meta has revenue-sharing agreements with sure corporations that host its open Llama assortment of fashions. The corporate not too long ago launched an API for customizing and evaluating Llama fashions. And Meta AI, the corporate’s AI assistant, could ultimately present adverts and supply a subscription possibility with extra options, CEO Mark Zuckerberg stated in the course of the firm’s Q1 earnings name Wednesday.
The courtroom paperwork additionally reveal Meta is spending an unlimited quantity on its AI product teams.
In 2024, the corporate’s “GenAI” funds was over $900 million, and this yr, it may exceed $1 billion, in accordance with the paperwork. That’s not together with the infrastructure wanted to run and practice AI fashions. Meta beforehand stated it plans to spend $60 billion to $80 billion on capital expenditures in 2025, totally on expansive new information facilities.
These budgets might need been greater had they included offers to license books from the authors suing Meta. As an example, Meta mentioned in 2023 spending upwards of $200 million to amass coaching information for Llama, round $100 million of which might have gone towards books alone, per the paperwork. However the firm allegedly determined to pursue different choices: pirating ebooks on a large scale.
Meta didn’t instantly reply to a request for remark.
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