Meta forecasted it would make $1.4T in revenue from generative AI by 2035 | TechCrunch
News Source : TechCrunch
News Summary
- Court documents unsealed Wednesday reveal Meta predicted it would rake in $2 billion to $3 billion in revenue in 2025
- The documents were submitted by attorneys for book authors suing Meta for what they claim is unauthorized training of the company’s AI on their works
- Meta has revenue-sharing agreements with certain companies that host its open Llama collection of models
Meta made a prediction last year its generative AI products would rake in $2 billion to $3 billion in revenue in 2025, and between $460 billion and $1.4 trillion by 2035, according to court documents [+1666 chars]
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