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Meta launched AI models to compete with OpenAI and Anthropic. The stock erased a year's worth of losses

Cris Tolomia
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Meta has introduced its new Muse Image and Muse Spark 1.1 AI models while announcing plans to develop proprietary AI chips. These moves are intended to strengthen Meta's competitive position against industry leaders like OpenAI and Anthropic, leading to a positive market reaction.

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Meta launched Muse Image and Muse Spark 1.1 this week while revealing plans to manufacture its first in-house AI chip in September

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Meta launched AI models to compete with OpenAI and Anthropic. The stock erased a year's worth of losses — Headlinne — headlinne