Meta Platforms Inc Class A (META)
Meta transfers top engineers into new AI tooling team
Meta is drafting top software engineers from across the company into a new AI engineering organization created last month, according to an internal memo seen by Reuters, part of a reorganization of its workforce in preparation for layoffs.
Meta rolls out new AI model in ‘fundamental shift' in latest effort to catch up with rivals
The company unveiled Muse Spark, its first major AI model since overhauling its AI division and pouring billions into talent and infrastructure.
Meta Platforms: Muse Spark Launch Sends A Signal To Investors
Investors have been quite skeptical about Meta Platforms, Inc.'s aggressive AI investments, as the company, so far, has failed to launch meaningful AI products. Amid this backdrop, META stock surged 7% on April 8 after the company launched Muse Spark, its first product to come out of Meta Superintelligence Labs, led by Alexandr Wang. Meta needs to justify its AI investments. Llama 4 has been a disappointment. I believe this is where the Muse Spark launch fits in.
The Next Stage of the AI Boom
After more than half a year of languishing, the AI Boom appears ready to reassert its leadership.
Meta's AI Future Is Personal, Starting With You
On Wednesday (April 8), Meta released Muse Spark, the first artificial intelligence (AI) model out of Meta Superintelligence Labs. Built over the past nine months under Chief AI Officer Alexandr Wang, the new AI model is showing performance competitive with systems from OpenAI, Google and Anthropic, according to CNBC.
Meta Expands CoreWeave Deal to $21 Billion as AI Cloud Demand Grows
Meta expanded its agreement with CoreWeave to $21 billion for AI compute capacity, according to a Thursday (April 9) report from Bloomberg. The deal runs through 2032 and builds on a prior multibillion-dollar contract between the companies.
Meta's New AI Likely Can't Compete With Anthropic's Mythos. It's Not a Stock Problem.
Meta Platforms stock got a boost from the release of its Muse Spark AI model. It might not be a big issue if it lags other leading models.
Analysts See 44% Upside for Meta (META) Stock After $300 Billion March Selloff
Meta Platforms (NASDAQ:META | META Price Prediction) currently trades around $597, while Wall Street's consensus price target of $860.25 implies roughly 44% upside from current levels.
Meta Removes Law-Firm Ads Recruiting Clients to Sue Them
After recent losses in trials related to social-media practices, the tech company began taking down ads on its apps meant to attract eligible plaintiffs.
Meta's long-awaited AI model is finally here. But can it make money?
Meta's first major new AI model in over a year landed this week, the company's biggest effort yet to show value from its massive investment in Scale AI co-founder Alexandr Wang. Meta's shift from open-source AI to proprietary models comes with business implications, as the company needs to find a path to new revenue.
Wall Street sets Meta stock price for the next 12 months
On April 8, Meta Platforms (NASDAQ: META) unveiled its latest artificial intelligence (AI) model, Muse Spark, prompting some bullish responses from Wall Street analysts.
Meta unveils Muse Spark AI model to rival top chatbots
Meta announces its new AI Model, "Muse Spark." The first in a series of new large language models.
