In a conversation with Microsoft CEO Satya Nadella, he expressed his hope thatMore than half of the development workAfter being interviewed by podcast creator Dwarkesh Patel and predicting that most of Meta’s internal coding work will be completed by artificial intelligence within the next 12-18 months, Meta CEO Mark Zuckberg announcedFiscal Year 2025 First Quarter Financial ReportAt the same time, it was also pointed out that the Meta AI App announced earlier will be equipped with more top-level application functions, and it is also expected that such functions will be available through subscription.
Mark Zuckberg expects the Meta AI App to attract more users, especially given that Meta's artificial intelligence application functions have already attracted over 1 million users worldwide. He believes that the Meta AI App will continue to add new features to attract more users.
Mark Zuckberg also believes that offering more premium app features through paid subscriptions will not only attract more users but also become a new revenue source for Meta. He also explained that the Meta AI app may offer more product recommendations or ads that are more tailored to individual preferences, potentially fostering new revenue models.
In recent developments, Meta has added advertising content to its Threads service, making it one of Meta's advertising revenue sources. Therefore, it would not be surprising to see advertisements placed in the Meta AI App in the future.
As for the first quarter financial report of fiscal year 2025 released earlier, Meta's revenue reached US$423 billion, an increase of 1400% over the same period last year, while expenditure reached US$16 billion, an increase of 247% over the same period last year. The profit reached US$5900 billion, an increase of 9% over the same period last year. As for net profit, it was US$175 billion, an increase of 5500% over last year.
The average daily active users of services including Facebook reached 34.3 billion, a 6% increase compared to the same period last year. Advertising exposure increased by 5% and the average price per advertisement increased by 10%.
