In recent weeks, Meta Platforms (NASDAQ:META) seems to have emerged as a top driver of the AI trade. First, in September, the company launched its new Muse personal AI agent, driving a surge in the stock and the broader AI sector as Muse shot to the top of the download charts on Apple and Android. Then, following the company's second-quarter earnings report, the stock plunged after it reported its first quarter with negative free cash flow, as investors took a skeptical stance toward its spending plans on AI infrastructure.
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