TECHNOLOGY
India has become Meta's largest market for AI usage, highlighting the rapid adoption of AI technology and Meta's growing presence in the country.
India has become Meta's largest market for AI usage, according to CEO Mark Zuckerberg during the company's second-quarter earnings call. This achievement underscores the rapid adoption of AI technology in India and Meta's expanding influence in the country.
Susan Li, Meta's Chief Financial Officer, highlighted the promising signs of retention and engagement on WhatsApp, which coincided with India becoming Meta’s largest market for AI usage. This success demonstrates the significant role India plays in Meta's overall AI strategy.
Meta has been actively expanding the capabilities and reach of its AI assistant, Meta AI. The assistant is now available in seven new languages, including Hindi, French, German, Italian, Portuguese, and Spanish. Users can access Meta AI through various Meta platforms like WhatsApp, Instagram, Messenger, and Facebook. The company announced that Meta AI has become more creative and intelligent, enhancing user interactions.
Zuckerberg also discussed the ongoing growth and engagement of Threads, Meta's text-based social media platform. He pointed out advancements in generative AI, such as the new Imagine Edit feature, which allows users to modify AI-generated images. This feature is currently being rolled out in the US, contributing to the platform’s enhanced user experience.
Meta has ambitious goals for its AI technology. Zuckerberg expressed confidence that Meta AI is on track to become the most widely used AI assistant by the end of the year. He emphasized Meta’s vision of empowering individuals to create their own AI experiences. To support this vision, Meta launched AI Studio, a tool that lets anyone create their own AIs to interact with across Meta’s apps.
Meta’s strong financial performance in the second quarter, with a 22% year-over-year revenue increase, reflects the company's success in navigating the evolving tech landscape and its growing focus on AI innovation. The Q2 revenue of Meta crosses $39.1 billion which is Rs 32746 crores. The emergence of India as its largest AI market highlights the country’s potential to become a global hub for AI development and adoption.
By investing in AI and expanding its reach, Meta is positioning itself at the forefront of technological advancements, ensuring that it remains a key player in the global tech industry. This strategic focus not only benefits Meta but also accelerates AI adoption and innovation in markets like India, setting the stage for further growth and development in the years to come.
The DNA app is now available for download on the Google Play Store. Please download the app and share your feedback with us.
Viral video: Man’s jugaad to stay warm in winter will leave you SHOCKED, watch here
Hinduja Group firm gets key approval for acquisition of Anil Ambani's debt-ridden Reliance Capital
Shloka Mehta looks stunning in white floral kurta as she clicked with Akash Ambani, it costs Rs....
Who is Sagar Adani, Gautam Adani's nephew, accused of bribery, fraud charges in US?
PayPal down: Several users face issue while logging into accounts, say 'no one could...'
IND vs AUS: Jasprit Bumrah, Pat Cummins eye historic captaincy milestone in Perth Test
BGT 2024, Ind vs Aus: Can Shubhman Gill be the new Cheteshwar Pujara? Is he really ready?
The Ultimate Guide to Luxury Gifting: Discover Heirloom Pashmina by Pashmina.com
Effortless Relocations: The Perks Of Professional Removalists In Melbourne
Watch: Pakistan fan with 'Imran Khan' poster asked to leave Hobart stadium in Australia
International Criminal Court issues arrest warrant against Israeli PM Benjamin Netanyahu for...
What is demisexuality? Everything you need to know about this lesser-known sexual orientation
WATCH: World’s shortest woman meets world’s tallest woman, video goes viral
IND vs AUS 1st Test: Predicted playing XIs, Perth weather forecast and pitch report
IND vs AUS: When will Rohit Sharma join India squad? Check latest update
'Scam 2024': Diljit Dosanjh lookalike pranks people on Pune streets, video goes viral
Delhi Air Pollution: Centre announces staggered work timings for govt employees; check details
Mukesh Ambani's Reliance Jio loses nearly 80 lakh subscribers in just 30 days, BSNL adds...
IND vs AUS, 1st Test Dream11 prediction: Fantasy cricket tips for India vs Australia match
This country has most expensive passport in world, not US, UK, UAE, it costs Rs...
Amid rising air pollution, Delhi-NCR's crematorium records cleanest air; check AQI here
Revolutionising Medical Imaging: Venudhar Rao Hajari’s impact on healthcare technology
Abhishek Gupta and Onevision Media: Scaling brands on social media
Video shows Korean girl eating jalebi for first time, her reaction to Indian sweet goes viral
Cristiano Ronaldo confirms THIS YouTube star as his next guest, says, 'Will break Internet'
Delhi Assembly Elections: AAP releases first list of 11 candidates for 2025 polls
Adani Group's FIRST REACTION after US indicts Gautam Adani in alleged bribery case
Instagram introduces new feature, know how to reset app's algorithm, change your feed
Oppo Find X8 and X8 Pro launched in India, check specifications, price, other details
Charges against Gautam Adani: BJP's scathing attack on Congress, questions timing of development
Jasprit Bumrah's BIG statement on taking up Perth test captaincy, says, 'tactically better...'
Blackout on breaks: Company imposes no-sick-leave policy until 2025
Drug-laden terrorists on India's western, northern frontiers
Mohammad Shami trolls Sanjay Manjrekar over IPL auction bid prediction, says, 'Baba ki...'
IND vs AUS Test: When and where to watch 1st match of Border-Gavaskar trophy, know details here
CAQM amends Grap Stages III, IV, enforces stricter measures in Delhi-NCR amid air pollution woes
Malayalam actor Meghanathan passes away at 60 after suffering from...
Adani Green Energy's FIRST reaction after US indicts Gautam Adani in alleged bribery case
'Keep me out of...': Pakistani Instagram star Mathira on MMS leak controversy
Delhi Air Pollution: AQI marginally improves from 'severe' to 'very poor' category
'I love him, he loves me! Why hurt...': Rekha's bold confession about Amitabh Bachchan goes viral
Meet man, IITian who built Rs 5493 crore firm, has this Mukesh Ambani connection, he is from...
Shillong Teer Results TODAY November 21, 2024 Live Updates: Check winning numbers here
‘I didn’t have time to…’: When AR Rahman revealed having ‘agreement’ before marriage to Saira Banu
Viral video: Woman's sizzling belly dance to 'Namak' impresses internet, watch
Hardik Pandya banned, Mumbai Indians captain to miss first match of IPL 2025 due to...
Meet man who studied at IIM, IIT, then built Rs 1160000000 company, got inspired by…
Meet woman, who quit as dentist for UPSC exam, became IAS officer with AIR...
Viral video: Little girl steals hearts with her adorable dance to 'o meri cutie', watch
Gautam Adani's company signs another pact to acquire 100% stake in...
CBSE Date Sheet 2025 announced: Class 10, 12 board exams to begin from...
Apollena: Aditi Sharma on how space-based drama encourage young girls, says 'no matter how many...'
Is Mia Khalifa dating ex-Man City star Julian Alvarez? Former adult star says 'It certainly...'
IPL 2025 auction RTM rule: How this year’s right-to-match card is different from previous seasons
'Virat Kohli is trying to...': Shoaib Akhtar makes BIG statement on Champions Trophy 2025
Maharashtra Election 2024: Mukesh Ambani and family cast their votes in Mumbai