What a turn of events for Mark Zuckerberg. The Meta CEO has steered his company from an AI also-ran to a leading contender, backed by a seemingly unstoppable ads machine. Fresh off successful debuts of AI agent Muse and a new frontier model, the social giant has won praise from early adopters and analysts who see more upside on a stock that's up close to 10% for the year. Meta (META) is "back on offense with AI," Bank of America analysts, led by Justin Post, summed up the company's glow-up, which has culminated in a suite of new AI products, in a note on Friday. "Recent AI launches have strengthened confidence in company's AI execution and we see Meta with least risk of AI disruption to core business in our coverage.
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