Meta launched its Muse Image generation model through its Superintelligence Labs, followed by the release of Muse Spark 1.1 and a developer preview. The company aims to compete directly with OpenAI and Anthropic by charging for the use of its AI models. To support these capabilities, Meta announced plans to build a 1-gigawatt data center in Sturgeon County, Alberta, marking its first such facility in Canada.
Meta revealed its Hyperion data center in Louisiana will cost over $50 billion, nearly doubling its previous $27 billion estimate to support AI growth.
Read the full storyMeta Platforms plans to build a 1-gigawatt facility in Sturgeon County, Alberta, to expand its global computing infrastructure for AI development.
In a move that bolstered market confidence in the company's long-term strategy, Meta Platforms shares rallied on Thursday following the launch of a new AI model and reports of significant milestones in custom-chip development.
Meta Platforms unveiled its first proprietary image-generation model from its Superintelligence Labs to integrate advanced creative tools across its app ecosystem.