Meta AI by Meta, Previously Known as Facebook, Hits Almost 500 Million Monthly Users Worldwide
During Meta Connect 2024, Mark Zuckerberg revealed that Meta AI is rapidly becoming the most used AI assistant globally, with nearly 500 million monthly active users. Zuckerberg highlighted that Meta AI has not yet launched in major markets like the EU, indicating significant growth potential.
Meta's CFO, Susan Li, disclosed that India is Meta AI's largest market, largely driven by WhatsApp's user base of over 500 million in the country. In comparison, OpenAI's ChatGPT chatbot boasts more than 200 million weekly users.
Meta also introduced a new family of models named Llama 3.2 with enhanced multimodal capabilities. The company will release Llama 3.2 1B and 3B lightweight models in Europe, trained without European user data.
Furthermore, Meta unveiled new features for Meta AI, including celebrity voices, lip-synced translations, and generative AI-powered photo editing tools across Facebook, Instagram, and Messenger. Meta AI can now analyze and edit photos, providing users with enhanced functionality.
In summary, Meta's Meta AI is gaining significant traction globally, positioning itself as a leading AI assistant. The company's strategic focus on expanding into new markets and enhancing user experience through innovative features underscores its commitment to growth and innovation. Investors should pay close attention to Meta's progress in the AI space, as it could have a significant impact on the company's future performance and market position.