Wall Street Reprices Meta as Muse Outpaces ChatGPT's Start

This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META) shares rose 1.37% intraday, extending a run that has added more than $200 billion in market value since its Muse AI agent launched September 8, as Wall Street repriced the app as a potential new revenue engine. Muse, which can send emails, book travel, and complete transactions on a user's behalf, is free at the basic tier with subscriptions at $20 and $100 a month. It has drawn 2.8 million downloads in its first 12 days, and on a comparable-launch basis outpaced ChatGPT's early curve, according to Apptopia data. Warning! GuruFocus has detected 2 Warning Sign with META. Is META fairly valued? Test your thesis with our free DCF calculator.