Zuckerberg: In the long term, invest "hundreds of billions of dollars" in AI infrastructure; this year is the "decisive year" for AI glasses

Massive investment in AI, Meta plans to expand the user base of its AI products to 1 billion by the end of this year. On January 30, Meta announced its fourth-quarter results and held an analyst conference call, where Mark Zuckerberg reiterated Meta's ambitions in the field of artificial intelligence—despite the recent impressive performances of AI startups like DeepSeek, Meta has not backed down but has instead increased its investment in AI. Zuckerberg stated, it is expected that Meta's capital expenditure in 2025 will be between $60 billion and $65 billion, most of which will be used for AI infrastructure. In the coming years, Meta will also invest "hundreds of billions of dollars" to continue building AI infrastructure. Zuckerberg added, Meta's goal is to have over 1 billion users using the company's "most transformative product" Meta AI by the end of 2025. Regarding AI smart glasses, Zuckerberg said that 2025 will be a key year: "This will be a decisive year, and we will see if we can embark on a path toward hundreds of millions or even billions of AI glasses users, making glasses the next generation of computing platform." In the fourth quarter of 2024, Meta's Reality Labs division (responsible for producing Ray-Ban smart glasses and Quest VR headsets) reported revenue of $1.08 billion, a year-on-year increase of only 1.1%, but Zuckerberg still expressed satisfaction with the sales performance of Ray-Ban smart glasses, calling them a "real hit product." Here are the key points from Meta's conference call: Meta is making significant investments in AI, hoping to drive growth in its advertising business through AI technology while actively exploring new revenue sources. Although the revenue forecast for the first quarter is slightly below expectations, investors have shown some confidence in Meta's long-term vision. Meta is developing its own custom chips to optimize AI workloads. While currently focused on growth, Meta plans to explore paid recommendations or premium versions of Meta AI in the future. Zuckerberg expects Meta AI to reach 1 billion users this year and become a leading AI assistant. Meta is developing AI engineers capable of writing and deploying code, which may not generate significant revenue in the short term but could be very important in the future. Meta has high hopes for Ray-Ban Meta AI glasses, believing they could be the next major field, hoping to determine their market potential this year. Meta continues to rely on advertising revenue as its main source of income and is improving the efficiency and personalization of ad placements through AI technology. Meta emphasized the user growth of its family of applications, for example, Facebook has over 3 billion monthly active users, and Threads has over 320 million monthly active users Meta is investing in the construction of large AI data centers to support the development of its AI technology. It is expected to launch nearly 1 gigawatt of capacity this year and is building an AI data center with a capacity of 2 gigawatts or even larger. Meta expects its capital expenditures in 2025 to be between $60 billion and $65 billion, most of which will be used for AI infrastructure