# JPMorgan says Meta Platforms is a buy following the release of its long-awaited artificial intelligence model.

*fintech · news · 2026-04-09 · CNBC*

## Key points

- Meta launched its Muse Spark AI model, directly competing with OpenAI's ChatGPT and Anthropic's Claude.
- Muse Spark is the first product from Meta Superintelligence Labs, a new AI-focused division.
- Meta invested $14.3 billion to acquire leadership from Scale AI, appointing Alexandr Wang to lead the unit.
- JPMorgan reaffirmed its $825 price target for Meta, citing confidence in Meta's AI scaling trajectory.

**Companies:** Meta Platforms
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/09/meta-released-a-new-ai-model-this-week-jpmorgan-sees-it-as-a-turning-point-for-the-stock.html)

---

Canonical: https://newsio.io/n/77943b29-9fe0-46d4-80c3-bfdc00cb00cd/jpmorgan-says-meta-platforms-is-a-buy-following-the-release-of-its-long-awaited
Summarized by Newsio from CNBC. https://newsio.io/how-it-works