Meta's Muse AI Agent Tops U.S. App Store, Surpassing ChatGPT
META sits 42% above its 52-week low of $520.26.
Summary
Meta's Muse AI personal agent has surged to the top of the U.S. App Store, overtaking ChatGPT less than two weeks after launch. Sensor Tower reports over 2.5 million downloads since its Sept. 8 debut, with 1.5 million on iOS and 1.1 million on Android. The app lets users manage AI agents that perform tasks across the internet, powered by Meta's Muse Spark models, with free access and subscriptions at $20 or $100 per month. Shares jumped more than 11% Monday, and Wells Fargo raised its price target to $796. Amazon has blocked Muse from its shopping site over credential and data concerns, while Shopify is partnering with Meta to enable agentic checkout. This rapid adoption signals strong early demand for Meta's AI agent strategy, though privacy and security hurdles remain.
At the time of this announcement, META was trading at $739.00 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.9T. The 52-week trading range was $520.26 to $785.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.