Meta Launches Muse Spark AI–Its AI Bid Against OpenAI, Google

Meta Launches Muse Spark AI–Its AI Bid Against OpenAI, Google

Meta released Muse Spark, previously named Avocado, on Wednesday, the much-anticipated—and delayed—first large language mode under AI chief Alexandr Wang, sending Meta shares soaring as the company seeks to catch up to industry AI giants OpenAI, Google and Anthropic. KEY FACTS The AI model is available on Meta’s AI website and its app, with the company claiming it can carry out the same actions as its previous model, Llama 4 Maverick, with less computing power. Muse Spark is Meta’s first AI model under Wang, a billionaire tech entrepreneur who Meta brought on as its chief AI officer after investing $14.3 billion into his company, Scale AI. Meta shares jumped as high as 9% on Wednesday following the announcement, erasing a string of losses recorded in late March. The release of Muse Spark comes after a delay reportedly caused after the AI model failed to outperform rival models developed by Google, OpenAI and Anthropic in benchmark tests. A comparison table in Meta’s announcement claims Muse Spark can compete with or outperform rival AI models in various benchmarks. BIG NUMBER $135 billion. That is how much money Meta expects to spend on AI this year, nearly double what it spent in 2025. FORBES VALUATION We estimate Wang’s net worth at $3.2 billion. The entrepreneur was the world’s youngest self-made billionaire until October 2025, when Polymarket founder Shayne Coplan took over the title. TANGENT Meta is in the thick of litigation accusing it of designing addictive apps harmful to children and was recently ordered to pay $375 million in damages after a New Mexico jury ruled that the company enabled child exploitation on its platforms. A California jury also found Meta liable in a landmark social media addiction case, forcing the company to pay $3 million in damages to a woman who accused it of intentionally designing its apps to be addictive to children. Read the full story on By Antonio Pequeño IV Forbes:https://www.forbes.com/sites/antoniopequenoiv/2026/04/08/meta-shares-spike-after-tech-giant-launches-muse-spark-its-ai-bid-against-openai-google/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Avsnitt(40)

Larry Page’s Net Worth Tops $300 Billion For First Time Amid Alphabet Earnings Rally

Larry Page’s Net Worth Tops $300 Billion For First Time Amid Alphabet Earnings Rally

Larry Page’s net worth swelled on Thursday, surpassing $300 billion for the first time as Alphabet’s stock rose after reporting a surge in cloud revenue through the Google parent’s latest quarter. Fo...

1 Maj 3min

LIV Golf Loses Saudi Arabia Funding—Effectively Ending PGA Rival

LIV Golf Loses Saudi Arabia Funding—Effectively Ending PGA Rival

LIV Golf, the competitor to the PGA Tour bankrolled by Saudi Arabia’s Public Investment Fund, is losing its funding from the Gulf state, according to The Wall Street Journal. This follows weeks of spe...

1 Maj 3min

Google Billionaire Sergey Brin Compares California Wealth Tax To Soviet Union Socialism

Google Billionaire Sergey Brin Compares California Wealth Tax To Soviet Union Socialism

Billionaire Google co-founder and ex-California resident Sergey Brin has said he’s adamantly opposed to a proposed one-time, 5% tax on the wealth of California residents (and has spent $57 million to ...

30 Apr 3min

United Arab Emirates Leaves OPEC In Favor Of ‘National Interest’

United Arab Emirates Leaves OPEC In Favor Of ‘National Interest’

The United Arab Emirates has announced it will no longer be a member of the Organization of the Petroleum Exporting Countries, OPEC, starting May 1 after reflecting on its "long-term strategic and eco...

28 Apr 3min

Soldier Charged After Using Classified Intel On Maduro Raid To Win $400,000 On Polymarket

Soldier Charged After Using Classified Intel On Maduro Raid To Win $400,000 On Polymarket

A U.S. special forces soldier who participated in the raid to capture Venezuelan President Nicolas Maduro has been charged with using classified information about the operation to win more than $400,0...

24 Apr 3min

Kalshi Bans And Fines Three Politicians For Placing Bets On Their Own Races

Kalshi Bans And Fines Three Politicians For Placing Bets On Their Own Races

Kalshi caught and suspended three political candidates who bet on the outcomes of their own elections, the prediction market company said in a statement on Wednesday, fining the three politicians and ...

24 Apr 3min

Trump Administration Reclassifies Medical Marijuana As A Less Dangerous Drug

Trump Administration Reclassifies Medical Marijuana As A Less Dangerous Drug

The Trump administration’s acting attorney general Todd Blanche signed an order on Thursday reclassifying FDA-approved and state-licensed medical marijuana as a less dangerous drug, placing it in the ...

23 Apr 3min

Rewind: Uber Invests Over $1 Billion In Rivian In Robotaxi Deal

Rewind: Uber Invests Over $1 Billion In Rivian In Robotaxi Deal

Rivian Automotive’s stock soared by more than 8% in premarket trading on Thursday, after Uber announced it would invest up to $1.25 billion in the electric vehicle maker—whose shares have plummeted in...

22 Apr 3min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
rss-svart-marknad
rss-borsens-finest
badfluence
avanzapodden
uppgang-och-fall
svd-tech-brief
bathina-en-podcast
fill-or-kill
lastbilspodden
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
tabberaset
rss-inga-dumma-fragor-om-pengar
24fragor
kapitalet-en-podd-om-ekonomi
rikatillsammans-om-privatekonomi-rikedom-i-livet
borsmorgon