META becomes the ultimate winner in the AI wars, completely defeating Anthropic and OpenAI, without needing the most advanced models: 1. Over half of the global internet population uses Meta's apps. Meta can push AI directly to its billions of users with zero customer acquisition cost. 2. Meta has a high-margin ad business that continuously funds its AI development for the long term. 3. Even without charging AI subscription fees, Meta can use AI to improve ad performance and help businesses make money through advertising. Ad revenue enables Meta to offer free AI services, attracting regular users who don’t want to pay for memberships. A flywheel effect. 4. As long as Meta's models stay close to the top tier, it can leverage its massive user base, ease of use, and ad monetization to outperform the other two. 5. By 2025, Meta's core business profit margin is projected at 52%, with an overall margin of 41.4%, while Anthropic's revenue during the same period is only $4.6 billion, with an operating loss of about $8 billion. OpenAI, after excluding non-cash items, also faces an operating loss of $8 billion.