Meta Tries to Light a Fire in AI Market

Guess what: Meta Platforms is still in the AI model game. You might have forgotten that fact, given that it’s been a little while since we’ve seen much new on the AI front from the Facebook owner. But CEO Mark Zuckerberg took to Threads on Wednesday to reveal the new model family, known as Muse, and its first member, Spark. Meta stock jumped 6.5% on the news, although the market was up strongly, so not all of that was a reaction to the new model. Still, the release is good news. The New York Times had reported last month that Meta had put off the release of its new models because they fell short of rival models’ performance. Given that Meta spent many billions building a new team of engineers, led by former Scale AI CEO Alexandr Wang , any meaningful delay would have been a disaster.

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