Meta’s Muse Image Tool Boost Helps Stock Hit Best Week In Years
The post Meta’s Muse Image Tool Boost Helps Stock Hit Best Week In Years appeared on BitcoinEthereumNews.com. Topline Mark Zuckerberg’s net worth increased by $12 billion on Friday as Meta’s stock concluded its best weekly performance in more than two years, following the debut of a new AI model and reported plans for the Facebook parent to develop in-house AI chips. The Facebook parent’s stock saw a positive investor reaction to its new AI model and reported plans for in-house AI chips. Getty Images Key Facts Meta jumped 6% on Friday to just under $670, extending a more than 14% rally for the stock over the week, its best five-session performance since a 20.5% surge the week ending Feb. 2, 2024, according to FactSet data. The latest boost in Meta shares added $12.7 billion to Zuckerberg’s net worth, valued at $229.3 billion, as he ranks No. 6 in the world behind No. 5 Michael Dell ($241.3 billion) and No. 4 Jeff Bezos ($255.2 billion), according to Forbes estimates (for the rest, see