Meta (META) Hits Record High with New AI Video Model Launch

Meta Platforms Inc. (META, Financial) has recently achieved record highs in its stock price following the launch of its advanced AI video model, Movie Gen, which has been hailed as a revolutionary media foundation model. This follows the release of their highly sophisticated holographic AR glasses, Orion.As of the latest market close, Meta's stock rose by 2.26% to reach $595.94, further elevating the company's market capitalization to $1.51 trillion. This surge in stock value has propelled CEO Mark Zuckerbe ...