Meta is upgrading its Muse Spark artificial intelligence model under the leadership of AI chief Alexandr Wang.

Meta Platforms is reportedly going to sell its excess cloud computing capacity, a move that could open a multibillion-dollar business opportunity for the company.

The new image-generating model has numerous use cases, including advertising, decorating and creator-based opportunities.

Artificial intelligence spending has entered a new phase. The industry’s biggest technology companies are no longer debating whether to build more infrastructure — they’re competing to build it faster than everyone else.

Meta launches Muse Spark 1.1, its advanced agentic AI and coding model, with public API access, multimodal support and competitive pricing for developers.

Meta tests a new brain-to-text AI using MEG scanners, demonstrating early progress in non-invasive neural decoding without requiring surgical implants.

Meta is developing plans to launch a cloud infrastructure business that would allow companies to rent AI computing power and access its AI models.