The new model, known as Muse Spark, was created by Meta Superintelligence Labs, a team of expensive AI leaders and developers assembled last year from other AI companies and led by Alexandr Wang, the co-founder and CEO of Scale AI. Wang joined the Meta AI team after Meta agreed to make a $14.3 billion investment in Scale AI.

The new model is competitive with rival AI models, according to data from Meta, but won’t be widely available outside Meta’s own product ecosystem.

Meta debuted its first major large language model, Muse Spark, spearheaded by chief AI officer Alexandr Wang, who leads Meta Superintelligence Labs.

Meta Platforms Inc. debuted its latest artificial intelligence model Wednesday — its first since Chief Executive Officer Mark Zuckerberg embarked on a multibillion-dollar overhaul of the company’s AI organization to keep pace with rivals.

Anthropic will make its new AI model available to some of the world’s biggest cybersecurity and software firms in an effort to slow the arms race ignited by AI in the hands of hackers, Anthropic said Tuesday.

Shares of Meta Platforms gained after the company announced a new large language artificial-intelligence model. The stock was up 6.6%, at $613.05, midday Wednesday, but has fallen about 7.1% year-to-date.

Rivals OpenAI, Anthropic PBC, and Alphabet Inc.’s Google have begun working together to try to clamp down on Chinese competitors extracting results from cutting-edge U.S. artificial intelligence models to gain an edge in the global AI race.

Summary: Leading AI companies announced the formation of the Shared AI License Foundation to promote the growth and development of foundation models.Participating companies grant non-exclusive licenses to patents covering AI foundation models.