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Meta Launches Muse AI Assistant as Stock Jumps 38%

By Drooid · · How we work

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Story summary
  • Meta Platforms launched the Muse personal AI assistant on Sept. 8, 2026.
  • Meta’s stock rose from $545 to about $750 within 27 trading days, 38% gain.
  • Meta forecast Q3 2026 revenue of $61-$64 billion and raised expense outlook to $165-$169 billion.
  • Meta became a customer for AMD’s MI450 accelerators and Venice CPUs, covering up to 6 GW compute.
  • AMD issued Meta a warrant for up to 160 million $0.01 shares, vesting on purchase milestones.