Meta Platforms Shares Rise on Launch of Muse Spark 1.1 AI Model
Meta Platforms (NASDAQ: META) shares are rising following the release of its new Muse Spark 1.1 artificial intelligence model and plans to enter cloud computing by selling excess capacity. The model scored higher than Alphabet's offerings but lags behind top models from Anthropic and OpenAI.
Topics: AI monetization strategy cloud computing expansion Meta Platforms Muse Spark AI model