Meta Stock Jumps: Muse Spark 1.1 AI Model Debuts, Revenue Hopes

Meta Platforms stock is gaining momentum, partly due to the release of its new AI model, Muse Spark 1.1. This model is Meta's most intelligent yet, with an Intelligence Index score of 51. What's interesting is that Muse Spark 1.1's score is higher than any model from Alphabet, though it still ranks below some models from Anthropic and OpenAI. This new model also represents a significant improvement over Meta's initial Muse Spark model, which had a score of 43. The bottom line is that Muse Spark 1.1 marks Meta's first time charging for access to its AI models, using a "pay-as-you-go" per-token basis. This could be a significant step for Meta in generating revenue from its AI products, especially since its pricing is around 25% of what competitors charge for similar models.