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00:02Meta launched an AI-powered search feature called AI Mode within Facebook on Monday,
00:07using its MuseSpark model to answer queries with results from public groups and Reels content,
00:12according to Benzinga.
00:14MuseSpark, introduced in April, was the first model developed by Meta Superintelligence Labs,
00:19led by XScale AI CEO Alexander Wang.
00:22The launch also included AI-powered photo and video editing tools.
00:26Morgan Stanley analyst Brian Nowak projected the feature could generate more than $10 billion in annual revenue
00:31if it attracts 1 billion users and Meta monetizes 10% of daily searches.
00:37The move positions Meta more directly against Google in the search market.
00:41Meta stock climbed 4.77% on Monday to close at $593.48, according to data from Benzinga Pro.
00:49For all things money, visit Benzinga.com.
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