10. Mark Zuckerberg's Meta AI Advisory Council: Pioneering Technological Advancements

Published On Thu May 23 2024
10. Mark Zuckerberg's Meta AI Advisory Council: Pioneering Technological Advancements

Mark Zuckerberg Assembles Meta AI Advisory Council With Exclusive Industry Executives

Meta Platforms Inc. META CEO Mark Zuckerberg has formed a new advisory council to provide guidance on the company’s AI and technological advancements.

Meta AI Advisory Council

Key Highlights

The Meta Advisory Group, known as such, will consist of four esteemed executives:

  • Patrick Collison, CEO and co-founder of Stripe Inc.
  • Tobi Lütke, CEO of Shopify Inc. SHOP
  • Former GitHub CEO Nat Friedman
  • Charlie Songhurst, an investor and former executive at Microsoft Corporation

According to a report by Bloomberg, the council will regularly convene with Meta’s management team to provide insights and recommendations on technological advancements, innovation, and strategic growth opportunities. Notably, the council members will not be compensated for their advisory services, as confirmed by a Meta spokesperson.

Insights from Mark Zuckerberg

In an internal memo shared with employees, Zuckerberg expressed his appreciation for the council members, stating, “I've come to deeply respect this group of people and their achievements in their respective areas, and I'm grateful that they're willing to share their perspectives with Meta as we embark on new opportunities within AI and the metaverse.” Although the frequency of the council meetings remains unspecified, Zuckerberg mentioned that the group would advise Meta's management team "periodically" in the future.

Meta First-Quarter Earnings

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Significance of the Council

Meta’s product landscape heavily features AI-focused offerings, including hardware devices like the Quest VR headsets and Ray-Ban smart glasses, as well as software products like Meta’s AI assistant, accessible to consumers through various apps.

AI in 2023

During Meta’s recent first-quarter earnings call, Zuckerberg unveiled plans to boost the company’s capital expenditures to drive AI development further. The company's revenue for the first quarter reached $36.45 billion, showcasing a 27% year-over-year increase, surpassing market expectations.

A.I. Jane Austen

Photo by Frederic Legrand – COMEO

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Disclaimer: This content was created with assistance from Benzinga Neuro and has been reviewed and published by Benzinga editors. © 2024 Benzinga.com. All rights reserved.