In Meta's Q3 earnings call, Mark Zuckerberg discussed several key points:

In Meta's Q3 earnings call, Mark Zuckerberg discussed several key points:

Community Growth: Meta estimates that over 3.9 billion people use at least one of their apps every month, showcasing the widespread reach of their platforms.

AI Experiences: Meta is excited about new AI experiences, including the introduction of Quest 3, a mixed reality device, and the next-generation Ray-Ban Meta smart glasses with integrated Meta AI.

AI Innovations: They have been actively rolling out AI innovations, such as Meta AI, an AI assistant for messaging and smart glasses, as well as AI Studio, Emu (an image creation model), business AIs, and plans for creator AIs.

Transformation of Services: The AI-driven experiences introduced at the Connect conference are expected to transform various services, from feeds and messaging to hardware, advertising, business messaging, and creator engagement.

Investment Priorities: In 2024, Meta's significant investment area will be AI, with a focus on engineering and computing resources. They plan to deprioritize non-AI projects and work through a hiring backlog.

Reels Growth: Reels on Instagram has driven increased engagement, and Meta will continue to focus on it as a core part of their apps.

Generative AI: Generative AI, such as Llama 2, and recommendation AI systems are vital to their product and business performance.

Business Messaging: Business messaging is a growing pillar of their business, with substantial conversations between people and businesses. They plan to expand the use of business AIs to make commerce in messaging more widespread.

Threads: The Threads app has seen a positive trajectory, with nearly 100 million monthly active users, and they plan to focus on further community growth.

The Metaverse: Meta launched Quest 3, a mixed reality headset, and updated Ray-Ban Meta smart glasses with integrated AI. They are making progress on software for the metaverse and are excited about the future of combining the physical and digital worlds.

Operating Efficiency: Meta is committed to operating efficiently while investing for the future, recording their highest operating margin in two years.

These are the key highlights from Mark Zuckerberg's Q3 earnings call