Meta's Muse AI Is Soaring in Popularity. Could It Send the Stock to New Heights?
The hype around Meta's Muse AI assistant has investors excited that perhaps Meta's investments in AI could pay off.
Overview
Meta Platforms (NASDAQ:META) recently unveiled its new personal artificial intelligence (AI) agent, called Muse, and it's been incredibly popular. It was released on Sept. 8, and data from Sensor Tower shows that downloads have totaled approximately 730,000 in the first five days. Last week, it also became the top free app in Apple's iOS app store.
The early popularity of Muse has been boosting Meta's stock, which soared more than 11% on Monday. With plans to monetize the app, this could also be a big moneymaker for the business, helping justify its heavy investments in AI. Could Muse be the catalyst that Meta needs to send its stock to new heights?
Image source: Getty Images.
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Originally published at www.fool.com.