Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch ​up with rivals in the AI race.

Meta announces its new AI Model, "Muse Spark." The first in a series of new large language models. CNBC’s Julia Boorstin joins ‘Halftime Report’ to discuss the latest news from the social media giant.

Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a team it assembled last year through a costly talent war and sweeping internal

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.

This is the first model Meta has released under its Superintelligence Labs, led by former ScaleAI CEO Alexandr Wang.