Facebook is making a huge bet that its next big social network will be a “free” one.
The social network’s main competitor in the field is Twitter, which has become a dominant force in the online advertising space.
It has also launched its own video-sharing app called WhatsApp.
Facebook’s latest effort to compete in the social network space has been dubbed “No Way, No How” by some analysts.
In an interview with Bloomberg TV, Zuckerberg said the next social network is “going to be something that everyone can access”.
“It’s going to be the first truly open platform,” he said.
Facebook has not revealed exactly how much its next social networking platform will cost, but analysts say it will likely be around $50 billion (£37bn) in terms of advertising revenue.
“Facebook is a company that really believes in this idea that you can have an open platform that people can use,” said Tim Wiles, a principal analyst at Forrester Research.
“I think they’ve got a chance.”
Facebook’s new platform is being built by an outside group of engineers called Open Facebook, which was founded by former Facebook engineer Mark Zuckerberg.
Its main goal is to make the company more competitive in the mobile market by building out its own messaging and video services.
It also aims to expand its digital footprint beyond Facebook, such as through the acquisition of Instagram and Snapchat.
Zuckerberg says that if Facebook succeeds in its goal of bringing more people online, it will have an opportunity to become the most popular social network in the world.
It is also looking to invest in new products and services.
“Our goal is not to be a content provider or content aggregator,” he told Bloomberg TV.
“The goal is more to be your friend, and your business partner, and a place where you can find friends, talk to people, share ideas, be inspired by your friends and your ideas, and then be connected with people.”
Zuckerberg has also said that the social networking site will be free to use, though some people are worried that could mean Facebook will be selling ads to advertisers.
However, according to the company, it is still trying to build out its core social network service, which it will call “Facebook”.
The company has previously promised that it would “go forever without ads” and would allow users to “post whatever they want”.