Meta Launches Muse Spark 1.1 AI Model for Agentic Coding, Competing with OpenAI and Anthropic

2 hour ago 2 sources neutral

Key takeaways:

  • Meta's AI expansion intensifies demand for decentralized compute tokens like Render.
  • Volatile Meta stock signals cautious sentiment, potentially spilling into AI-themed altcoins.
  • Pricing wars from centralized AI giants may bolster interest in Bittensor's open-source model.

Meta released the Muse Spark 1.1 AI model on Thursday, marking its entry into the competitive agentic coding tool market. The multimodal model is available immediately in Thinking mode on the Meta AI app and website, while developers can access it via the newly launched Meta Model API in public preview for US accounts. As an incentive, Meta is offering $20 in free credits for each new API account.

This update comes three months after the initial Muse Spark release in April, which Meta described as a "step-change" over its predecessor. Version 1.1 handles more advanced coding, can detect and repair complex bugs, and runs agentic workflows across multiple applications, including multi-agent setups. It also features native multimodal perception, enabling it to read images, videos, and documents.

Pricing is set at $1.25 per million input tokens and $4.25 per million output tokens, positioning it slightly above Anthropic’s Claude Haiku 4.5 and OpenAI’s GPT-5.6 Luna but within a competitive range that could pressure rivals as enterprises evaluate cost at scale.

Meta’s AI chief, Alexandr Wang, signaled further ambition, saying a larger model codenamed Watermelon is in training and has caught up with OpenAI’s GPT-5.5 on key benchmarks, according to internal sources. Mark Zuckerberg promoted the launch on X for the first time in three years, calling Spark "a strong agentic and coding model at a very low price" and hinting at more to come.

The push is backed by heavy investment: Meta expects to spend $125–145 billion this year on chips, data centers, and infrastructure, including its Iris AI chip due in September. Meanwhile, its stock has been volatile, recently dropping from a record $796.25 to around $580.50 in pre-market trading.

Sources
Disclaimer

The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.