Meta's $14B AI gamble with Alexandr Wang falls short as developers turn skeptical
A year after Meta invested over $14 billion to acquire Alexandr Wang and his Scale AI team, the company struggles to prove it can monetize its new Muse Spark model. Despite delivering its first proprietary AI model, Meta's stock has dropped 18% while developers remain unconvinced, questioning whether the social media giant can compete with OpenAI, Anthropic, and Google in the AI race.