Meta Platforms AI Developments

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Democrats probe Meta’s use of tax credits

“Any effort by Meta to use A.I. data center expansion as eligible for research credits is potentially a significant misapplication of federal tax law that merits further investigation,” the letter, signed by a half-dozen other Democrats, said.

The New York Times reported two weeks ago that Meta saved $2 billion in 2024 and $3.9 billion in 2025 by claiming the credit for the data centers.

https://www.bloomberg.com/news/articles/2026-10-14/meta-s-use-of-r-d-credits-for-data-centers-probed-by-democrats

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Meta’s Muse reaches 10.8 Million downloads, with daily U.S. downloads holding steady at 350,000, according to UBS

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Meta releases open-weight Muse Spark model and announces integration with Apple M5 Ultra Mac Studio computers

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Meta’s Chief AI Officer, Alexander Wang, said he’s amazed at what scaling can do

“I am constantly amazed by what we can accomplish with scaling,” he said in a LinkedIn post. Sure, it’s a lot of work and a careful process, but we have built a scalable system to keep advancing at the frontier, and i am really proud of how fast this team keeps making these models better."

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Muse has reached 10.9 million downloads and 2.5 million DAUs, Sensor Tower data shows

  • Muse has reached 10.9 million downloads globally and 10.2 million in the U.S. since its launch on September 8, SensorTower said.
  • According to Sensor Tower estimates, Muse reached 2.5 million daily active users (DAUs) for the first time on October 16.
  • However, according to similar data compiled by Goldman Sachs, Muse downloads has started flattening.
  • In contrast, ChatGPT downloads have declined by 25% in the past 30 days alone.
  • In the U.S., the app recorded 7-day and 14-day retention rates of 30% and 23%, respectively, significantly outperforming rivals’ averages of 19% and 16%.
  • TickerTrends indicated Muse had 2.73 million DAUs as of October.

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Deutsche Bank: Muse continues to significantly outpace ChatGPT in DAUs and downloads through day 36


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Muse reaches No. 1 on Japan’s App Store just one day after launch

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Meta acquires Sundial, an AI data analytics firm founded by former Meta employees, for an undisclosed amount

  • Sundial has raised $23 million so far.
  • It was founded in 2021 by Julie Zhuo, Meta’s former VP of Product and Chandra Narayanan , former head of analytics at Facebook and Instagram.
  • Meta recently named Schultz, its former marketing chief, as the company’s first-ever chief data officer.