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Meta Ramps AI Push with Muse Launch and Strategic Job Cuts

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The Story

News Summary

  • Meta Platforms is accelerating its AI strategy with the rollout of its paid Muse personal assistant and ongoing workforce reductions.
  • Despite a KeyBanc price target trim, minor regulatory usage caps, and executive talent exits, ARK Invest expanded its position and Meta maintained its quarterly dividend.
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META price history

673.90 +5.43% over the displayed period

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