Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts

Sentiment Analysis
Meta Platforms shares have risen sharply in recent days, driven partly by the release of its new Muse Spark 1.1 AI model and cloud computing plans. Muse Spark 1.1 scored higher than Alphabet's models on the Intelligence Index but still trails top offerings from Anthropic and OpenAI. Meta will charge per-token fees for Muse Spark 1.1 at roughly 25% of rival pricing, marking its first real push to monetize AI models. After being down and out for several months, shares of Magnificent Seven giant Meta Platforms NASDAQ: META are starting to get their groove back. The stock recently popped 8.8% on reports that Meta will enter the cloud computing business, selling excess capacity to third parties. Meta shares then saw two large single-day up moves on July 9 and July 10, rising 4.7% and 6%. Part of the stock’s latest gain is due to what is likely Meta’s most significant artificial intelligence (AI) model release: Muse Spark 1.1. Data indicates that Muse Spark 1.1 is Meta’s most intelligent model yet. Additionally, the model may mark the beginning of an inflection point in Meta’s ability to generate revenue from AI products. Muse Spark 1.1: Meta’s AI Model Intelligence Is on the Rise Artificial Analysis is a helpful source for gauging the relative capabilities of AI models. The company tests models on agentic, coding, general intelligence, and scientific reasoning to give them an “Intelligence Index” score. Currently, Muse Spark 1.1 has a score of 51.
Source: MarketBeat
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