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Zuckerberg shakes California's wealth tax before the vote
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Zuckerberg deal highlights the stakes of California billionaire tax $META #business# #trading# #finance#
Zuckerberg’s California tax move is a win for Meta — and for him
Zuckerberg commits to staying in California for 8 years as part of creation of new class of Meta shares
Zuckerberg is already talking about Muse profits.
On $META's earnings call, CEO Mark Zuckerberg said Muse will be “highly profitable” over multiple years if compute efficiency keeps improving quickly. Meta expects that efficiency to improve 10x in the next year.
About 10 million people in the US and Canada have set up the AI agent so far.
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Zuckerberg says Muse is still expensive to run but expects to "improve compute cost efficiency by more than 10-fold over the next year."
A big part of that comes from using spare compute $META already owns which could help make Muse profitable at scale even as total AI spending continues to grow.
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Zuckerberg says the most common use case for Muse is shopping and the average purchase size has been over $200. Expects to grow Muse to "billions" of users
Zuckerberg is facing one of Meta's biggest earning calls in years on Wednesday, when analysts will want to know if Muse is proof of an AI business model, @DaveLeeBBG says (via @opinion)
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ZUCKERBERG:
- META HAS CAUGHT UP WITH RIVALS AT THE FRONTIER OF AI
- WE ARE ALREADY WORKING ON NEXT STEPS
Meta released Muse Wonder Full, it's most advanced AI models that came in ahead of frontier labs in various different categories.
Looks like Zucks is not slowing down.
$META +4%
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Zuckerberg just dropped Muse Wonder 🍉
and they cooked.
Muse went from “ai that talks in WhatsApp” to full agent mode with memory and actually doing personal and professional work.
this is basically Meta’s Grok @Bot, bro finally got a worthy opponent this time lmao.
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