Meta’s CFO Susan Li has a new AI customer in mind: corporate America
Source: Fortune ·
Meta is betting its AI models, agents and business tools can help it break into the enterprise market.
From the source
Good morning. Enterprise AI is emerging as a major battleground, and Meta believes the market remains up for grabs. “AI is creating huge amounts of disruption in enterprise today,” CFO Susan Li said during the tech company’s third-quarter earnings call on Wednesday. “We really don’t believe that traditional enterprise companies have this locked down.” Some leading companies in this space didn’t exist a few years ago, Li said. Those companies made large investments in model development, and Meta has done the same, she added. “We have increasingly competitive models to bring to bear for the benefit of all of our users, including small businesses and enterprises,” Li said. Meta announced on Sept. 28 plans to launch a Meta Enterprise Platform. The company has hired former MongoDB CEO Chirantan “CJ” Desai to build out the platform. Meta’s goal is to eventually compete across parts of the enterprise software and AI markets by combining its models with business-facing products, application…