META stock gains after releasing an open-source large language model, while CEO Zuckerberg criticizes AI power concentration.
Meta Platforms shares climbed Monday following the launch of its new open-source AI model, Muse Glimmer. The model, capable of performing “agentic” tasks, is offered under an open-source license, the company stated.
The move follows growing industry debate over AI development transparency and control. Meta CEO Mark Zuckerberg warned against a “concentration of power” in AI, contrasting the company’s open approach with rivals’ proprietary models.
Premarket trading saw META stock rise, reflecting investor optimism about the strategic shift.