Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a “really big year” in which its artificial intelligence assistant will become the most widely used in the industry.

Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”