Meta (META) Shares Surge As Custom AI Chip And Agentic Coding Model Calm Investor Spending Worries
Meta Platforms (META) is winning back investor confidence after a series of significant artificial intelligence developments this week rattled then reassured Wall Street. Shares of Meta climbed 4.7% on Thursday after the company unveiled Muse Spark 1.1, an agentic coding model the company says is comparable to leading benchmarks from OpenAI and Anthropic. The launch…