Benzinga·2025-12-19 07:37Core Insights - Meta Platforms Inc. is developing a new AI model focused on image and video processing, led by Chief AI Officer Alexandr Wang [1] - The new AI model, named "Mango," is being developed alongside a text-based large language model called "Avocado," which aims to enhance coding capabilities [2][3] - The launch of both models is expected in the first half of 2026, with "Avocado" initially planned for late 2025 but now pushed to 2026 [3] Industry Context - The development of Meta's AI models comes at a time when AI is a significant focus for tech companies, with competitors like Google and Nvidia making strides in AI image tools [4] - Meta's recent earnings report indicates returns from heavy AI investments, showing a quarterly revenue of $51.24 billion, a 26% increase year over year, surpassing market expectations [5] - The company has raised its FY25 capital expenditure guidance, reflecting confidence in its AI initiatives [5] Performance Metrics - Meta holds a momentum rating of 33.80% and a growth rating of 78.36%, indicating strong historical earnings and revenue expansion [6] - Year-to-date, Meta's stock has increased by 10.88%, with a recent rise of 2.32% to close at $664.45 [6]