Tomtunguz iconTomtunguzSep 3, 2026

The Ads Model for Prompts Vertically Integrates AI

Meta's Muse Spark 1.3 prices inference at two levels: $1.25/$4.25 per million tokens for private data, & $0.10/$0.20 for training consent: a 92% price spread. Michael Mauboussin taught that market prices contain information about underlying expectations.

The Ads Model for Prompts Vertically Integrates AI

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Meta's Muse Spark 1.3 prices inference at two levels: $1.25/$4.25 per million tokens for private data, & $0.10/$0.20 for training consent: a 92% price spread.

This spread establishes a liquid clearing price of $1.24/m tokens for user & agent prompt data, allowing Meta to vertically integrate the AI data supply chain & acquire post-training data at pennies on the...

Michael Mauboussin taught that market prices contain information about underlying expectations.

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Meta's Muse Spark 1.3 prices inference at two levels: $1.25/$4.25 per million tokens for private data, & $0.10/$0.20 for training consent: a 92% price spread. Michael Mauboussin taught that market prices contain information about underlying expectations. This spread establishes a liquid clearing price of $1.24/m tokens for user & agent prompt data, allowing Meta to vertically integrate the AI data supply chain & acquire post-training data at pennies on the dollar compared to specialized data labs.

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  • This spread establishes a liquid clearing price of $1.24/m tokens for user & agent prompt data, allowing Meta to vertically integrate the AI data supply chain & acquire post-training data at pennies on the...

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