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Jim Cramer Says Meta Still Has Room to Improve After Another Volatile Stretch for META
The Apex Times

THE APEX TIMES

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Chamath Palihapitiya backs Meta’s aggressive AI pricing strategy after “Muse Spark 1.2” benchmarks, says Meta is going for “scorched earth”
The Apex Times

THE APEX TIMES

Business / The Apex Times

Chamath Palihapitiya backs Meta’s aggressive AI pricing strategy after “Muse Spark 1.2” benchmarks, says Meta is going for “scorched earth”

Venture capitalist Chamath Palihapitiya praised Meta Platforms’ pricing approach for its AI model, pointing to new performance benchmarks for the company’s $0.69-priced Muse Spark 1.2. The comments add to the debate over how quickly AI providers are commoditizing model access through lower costs and higher throughput.

Aug 7, 9:25 AM EDT