Benzinga - by Ananya Gairola, Benzinga Staff Writer.
Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg is set to embark on a busy week in Asia, with plans to visit Japan, South Korea, and India. His itinerary includes discussions on artificial intelligence and meetings with key figures in the region.
What Happened: Zuckerberg, who has been in Japan for a family ski trip, will engage with Meta’s developers in Tokyo on Monday and Tuesday, reported Bloomberg, citing a spokesperson.
The discussions will revolve around the company’s Quest virtual-reality headsets and its large language model Llama, a part of its efforts to compete with OpenAI’s ChatGPT.
On Wednesday, Zuckerberg is scheduled to travel to Seoul for meetings with partners, including a tentative meeting with South Korean President Yoon Suk Yeol, according to a person familiar with the matter.
He will also reportedly meet with Samsung Electronics Co. chairman Jay Y. Lee and LG Electronics Inc. CEO Cho Joo-wan to discuss AI cooperation and the joint development of an extended reality headset. This visit marks Zuckerberg’s first trip to South Korea in a decade.
After Seoul, Zuckerberg will head to Jamnagar, Gujarat, in western India, to attend the pre-wedding celebrations of billionaire Mukesh Ambani’s youngest son, Anant Ambani.
Why It Matters: Earlier this month, Meta Platforms reported its fourth-quarter financial results, which included a revenue of $40.11 billion, up 25% year-over-year. The revenue total beat a Street consensus estimate of $39.17 billion.
According to the Bloomberg Billionaire Index, Zuckerberg currently ranks fourth on the list of world's wealthiest individuals. The Meta CEO currently has a net worth of $174 billion.
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