RT team
Meta AI has found its largest market in India, driven by the country’s extensive WhatsApp user base, which exceeds 500 million, Meta CFO Susan Li revealed during the company’s second-quarter earnings call for 2024. “The adoption rates on WhatsApp show promising retention and engagement levels, making India the premier market for Meta AI, which is now operational in over 20 countries and eight languages,” Li stated.
In the U.S., Meta is introducing new functionalities such as the ‘Imagine edit’ feature, enhancing users’ ability to modify images created with Meta AI. The tech giant, which also owns Facebook and Instagram, surpassed expectations with quarterly sales reaching $39.1 billion against the forecasted $38.34 billion, based on Bloomberg’s compiled data.
CEO Mark Zuckerberg envisions Meta AI becoming the top AI assistant globally by year-end. Despite this, he advises patience to investors, underscoring the nascent technology’s long-term potential despite the distant financial returns. “Smart investors will understand the value in the long run,” Zuckerberg mentioned in April.
Unveiled at Meta Connect 2023, Meta AI is designed for human-like interaction and can generate images among other capabilities. It began its initial rollout in April, with Indian users gaining access by June. Recently, Meta expanded the chatbot’s accessibility by adding support for Hindi and Hindi-Romanised Script, and languages like French, German, Italian, Portuguese, and Spanish, aiming to embrace a broader audience. Meta continues to invest heavily in the development of large language models, which are fundamental to AI chatbots’ functionality.
