April 30, 2025:
Meta Predicts AI Revenue Surges Amidst Legal Battle - Meta expects its generative AI products to generate $2-3 billion in revenue by 2025 and potentially up to $1.4 trillion by 2035, as revealed in court documents from a lawsuit involving book authors over unauthorized AI training. The tech giant currently earns through models like Llama and aims to launch an AI assistant that includes ads and subscription services.
By 2025, Meta's AI budget will exceed $1 billion, yet the company reportedly opted against licensing books, choosing controversial methods instead. Meta remains committed to defending its AI practices, highlighting fair use as essential for fostering innovation.