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Meta's Muse AI Growth Faces Financial Hurdles as Costs Rise and User Demand Surges

Meta's Muse AI Growth Faces Financial Hurdles as Costs Rise and User Demand Surges

Steep bill for AI buildout punishes Meta, other tech favorites
Steep bill for AI buildout punishes Meta, other tech favorites

Investors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hyperscalers spending billions to build data centers and other...

Meta falls as investors balance Muse growth with rising AI costs
Meta falls as investors balance Muse growth with rising AI costs

Shares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles. Despite reporting higher-than-expected quarterly...

Tons of People Are Apparently Asking Meta’s Muse AI Agent to Shop for Them
Tons of People Are Apparently Asking Meta’s Muse AI Agent to Shop for Them

A quarter of Meta Muse’s 10 million users are shopping online via the AI agent with an average spend of $200 per purchase, according to Mark Zuckerberg.

Meta earnings: Muse, Reality Labs face losses, are not yet profitable
Meta earnings: Muse, Reality Labs face losses, are not yet profitable

Meta CEO Mark Zuckerberg says its AI assistant Muse has "very high compute costs" while its hardware division remains highly unprofitable.

Meta earnings: Mark Zuckerberg says Muse AI app hits over 10M users
Meta earnings: Mark Zuckerberg says Muse AI app hits over 10M users

CEO Mark Zuckerberg announces 10M users for Meta's Muse AI app since September. Meta's stock was up after its third-quarter earnings report.

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