Meta Stock Rises After Launch of New AI Model
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Meta has launched its new AI model, Muse Spark, as part of its efforts to regain momentum in the competitive AI market. The company's stock rose nearly 9% after the announcement, with Meta highlighting the model's efficiency and competitive performance on various tasks.
Meta has debuted its first major AI model since hiring Scale AI's Alexandr Wang. The model, called Muse Spark, is the first from Meta's new Muse series developed by Meta Superintelligence Labs. Meta's stock rose nearly 9% after the announcement. The company is highlighting the model's efficiency and competitive performance. Muse Spark will be proprietary, but Meta may open-source future versions. The model will be used in various Meta products, including Facebook, Instagram, and WhatsApp.
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