Meta Expands AI Presence and Bets on New Commercial Opportunities
Meta shares rose 3.40% to close at $742.96, boosting Mark Zuckerberg’s wealth by $8.2 billion to reach $254.7 billion.
This follows the company's launch of two new AI models—"MuseWonder" and "MuseWonderful"—aimed at strengthening its competition with Anthropic and OpenAI,
as the models demonstrated advanced performance in reasoning, writing, and coding tests. The company made the more powerful model available to "MuseCode" subscribers, while integrating the other model into the "Muse" app. Meanwhile, in the markets.
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