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# Meta says its AI has caught up with the leaders, and its shares rose 3.38%
- URL: https://www.sharespective.com/stories/meta-says-ai-caught-leaders-shares-2026-10-13/
- Published: 2026-10-12T21:15:02.000Z
- Updated: 2026-10-19T19:29:28.000Z
- Description: Meta Platforms rose 3.38% to US$742.96 on Monday. It released two new AI models, Muse Wonder and Muse Wonder Full, and called them its most capable yet.
- Author: Shaun Botha
- Tags: Big tech, #story, #group-other, Meta

Meta Platforms rose 3.38% to US$742.96 on Monday. It released two new AI models, Muse Wonder and Muse Wonder Full, and called them its most capable yet.

**So what exactly is Meta claiming?** Mark Zuckerberg told the Financial Times that Meta has reached the frontier and caught up with its competitors. The shares were up as much as 4.7% during the session.

Meta says Muse Wonder beats similar models from OpenAI and Anthropic on some technical benchmarks. It is built to do jobs on your behalf, such as reading a lease, sorting out an insurance claim or building an app.

[![Chart: Meta's capital spending jumped to US$69.7bn. Revenue (columns) and capital spending (line), calendar years 2016 to 2025, US$bn on one scale. Meta expects to spend US$130bn to US$145bn in 2026.](https://storage.ghost.io/c/02/71/0271df32-cec6-421f-9f13-b06ab90e54c1/content/images/2026/10/chart-meta-revenue-capital-spending-2026-10-13-wide-light.jpg)](https://www.sharespective.com/chart-meta-revenue-capital-spending-2026-10-13/) 

This story’s chart of the day: the numbers, the dark version and the animated version are on its own page. [The chart’s page →](https://www.sharespective.com/chart-meta-revenue-capital-spending-2026-10-13/)

Zuckerberg teased the launch on social media with a photo of a watermelon that Muse had ordered for him. Watermelon was the model's internal code name.

Catching up has been expensive. Meta expects to spend between US$130 billion and US$145 billion on capital projects this year, mostly on AI computing, and Zuckerberg told the FT the spending will keep growing.

Yeah, but 

a benchmark is a test the company chose to publish. I'd want to see what developers pay for once the novelty fades, because that is what turns US$145 billion of spending into revenue.

[ This story ran in Catching Up Tuesday 13 October’s edition, with the market snapshot, the other two stories, the numbers and the week ahead. Read the whole edition → ](https://www.sharespective.com/sharespective-2026-10-13/)