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Meta stock jumps 4% after Muse Spark 1.3: why BofA still sees 32% upside

Source: invezz.com

Artificial IntelligenceTechnology & InnovationCompany Fundamentals
Meta stock jumps 4% after Muse Spark 1.3: why BofA still sees 32% upside

Meta shares jumped after the company released Muse Spark 1.3, an AI model aimed at coding and longer-running agentic tasks. The launch gives investors evidence that Meta's substantial AI investment could ultimately generate returns, supporting a more constructive view of its AI monetization potential.

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