Meta Stock Rises After Launch of New AI Model

Meta Platforms shares climbed after the company unveiled Muse Spark, its first major AI model in over a year. The launch, intended to power Meta’s chatbot and related AI features, lifted the stock 6.5% on the session and as much as 9.5% intraday — the largest one-day percent jump since January — before giving back some gains alongside major indexes. The move signals investor optimism that Meta’s heavy AI investment (reported as billions spent on talent) could help it better compete with OpenAI, Anthropic and Google DeepMind, and it had a noticeable positive short-term market impact on Meta shares.