MarketCatalystMeta tested human contractors handling Muse's phone calls for half its employees, but rolled the feature back after internal privacy concerns — even though human-handled calls outperformed AI on success rate.
Meta's new Muse AI agent crossed 500,000 users in its first week and more than 2.5 million downloads within two weeks, according to internal data and Sensor Tower, ranking No. 1 on both major app stores.
UBS says Muse is outpacing ChatGPT on iOS downloads, JPMorgan calls it a potential category leader, and Jefferies raised its Meta price target to $875 as the AI agent's rise lifts chip stocks.
The S&P 500 rose 1.49% and the Nasdaq 2.26% as oil fell and chip stocks surged on Meta's Muse AI agent, ahead of Thursday's Trump-Xi summit.
Smart-ring maker Oura plans to sell 50 million shares at $40 to $44 each in an IPO seeking up to $2.2 billion, with most proceeds going to existing shareholders including Forerunner Ventures
Credo Technology (CRDO) launched a new 224G-based ZeroFlap 1.6T optical transceiver platform, with management targeting more than $600 million in fiscal 2027 optical revenue as the AI interconnect market expands.