Meta shares surged 15% in their strongest week since early 2024, driven by new AI product launches and a path toward full ad automation by end of 2026.

Meta stock got a boost after revealing its latest AI model and a plan to charge developers that build products with it.

Meta shares jumped roughly 8% as its custom Iris AI chip, cloud business plans, and $125B-$145B capex strategy eased investor concerns over AI spending.