Mark Zuckerberg has outlined Meta's strategy for outperforming Alphabet and Microsoft in the competitive AI arms race. Meta's unique advantage lies in its data, with hundreds of billions of publicly shared images and tens of billions of public videos, surpassing even the common crawl data set. This sets Meta apart from competitors like Google, Microsoft, and OpenAI, who rely on web data crawled by their search engines for training their AI models. Apart from its generative AI technology, Meta aims to achieve "general intelligence, " seeking to develop a general-purpose AI capable of outperforming humans in most tasks. While acknowledging the significant investment required, Zuckerberg remains determined to build the most advanced AI products and services, which would provide users with a world-class AI assistant. With Meta's capital expenditures potentially increasing by $9 billion this year, the company anticipates substantial infrastructure investments in the long term.

Notably, Meta announced its first-ever cash dividend, which, along with impressive results in its core advertising business, contributed to a 14. 5% surge in its stock. Zuckerberg's vision for artificial general intelligence extends beyond a science project, aiming to incorporate AGI into Meta's existing products like Facebook, Instagram, and WhatsApp. However, Meta has yet to disclose specifics about how user activity will be used as training data and address potential privacy concerns. While Google possesses vast amounts of data from platforms like YouTube and Google Office, Meta's open-source Llama model provides another advantage. Despite facing criticism during a recent Senate hearing, where Zuckerberg apologized to families affected by social media harms, his net worth surged by $1. 6 billion due to Meta's stock performance.