Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Mark Zuckerberg's Busy Asia Tour Reportedly Ranges From AI Talks With Samsung Chairman To Attending Indian Billionaire's Son's Pre-Wedding Celebrations

Published 26/02/2024, 09:50
Updated 26/02/2024, 11:10
© Reuters.  Mark Zuckerberg's Busy Asia Tour Reportedly Ranges From AI Talks With Samsung Chairman To Attending Indian Billionaire's Son's Pre-Wedding Celebrations

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.

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next: Tim Cook's AI Efforts Have Wedbush's Dan Ives Excited: ‘We View Apple Like Meta 18 Months Ago'

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Image Credits – Shutterstock

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.