Meta Platforms, Inc. saw its stock climb 1.8% in pre-market trading following the announcement of Muse Spark 1.1, its most advanced artificial intelligence model to date. The tech giant also unveiled a paid tier for developers for the first time.
CEO Mark Zuckerberg revealed that Meta’s API pricing is set at roughly one-quarter of the official rates for comparable top-tier models from OpenAI and Anthropic. Under the new structure, developers can use the model for free up to a certain threshold, with fees applying only after exceeding the specified token quota.
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