4 Key Takeaways From Mark Zuckerberg’s Comments During Meta’s Q1 Earnings Call [Video]

After Meta Platforms (META) provided weak revenue guidance and announced plans to increase spending—news that sent the company’s shares sharply lower despite better-than-expected quarterly results—Chief Executive Officer Mark Zuckerberg joined company executives on an earnings call that focused on artificial intelligence (AI).

Zuckerberg talked about Meta’s AI investments and its AI-powered recommendation engine, as well as providing a brief update about the recently launched MetaAI and touching on the company’s support for an “open” AI ecosystem.

Zuckerberg said that Meta sees “compelling investment opportunities” to improve its core business in the near term as well as generative AI (GenAI) and the company’s virtual reality lab in the longer term.

The company expects to “invest significantly more in infrastructure over the coming years” while “maintaining a focus on operating discipline.” The CEO said the company believes its “strong financial position will allow us to support these investments while also returning capital to shareholders through share …