Meta Launches Muse Personal AI Agent
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JPMorgan upgrades Meta stock and raises its price target as Muse AI and new AI models fuel optimism about Meta's growth beyond advertising.
The social media giant's new AI agent is free for most people. But what can the paid plans add to a business built almost entirely on ads?
Prominent AI researcher Andrew Tulloch is leaving Meta for Anthropic. He's also worked at OpenAI and cofounded Thinking Machines Lab.
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Star AI Researcher Is Leaving Meta
Andrew Tulloch departs Meta less than a year after he was offered a billion-dollar pay package.
The first visuals of Meta's Project Phoenix headset have been found in Horizon OS firmware, revealing a slim design with a tether for the compute puck.
The upgrade follows a burst of AI product announcements from the company, including the Tuesday launch of its Muse personal AI agent app.
The company is suggesting that its work with traditional fact checkers could come to an end.
Meta Platforms' stock has grown more volatile as Wall Street weighs massive AI infrastructure spending against near-term profitability. Trading at a price-to-earnings (P/E) ratio near 24x, META shares have fluctuated following quarterly earnings reports.