Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.
Meta and Microsoft Show AI Bets Still in Play
If we learned anything from tonight’s December-quarter earnings announcements from Microsoft and Meta Platforms, it’s that we’re still in a wait-and-see mode on artificial intelligence. In fact, Meta CEO Mark Zuckerberg declared that 2025 would be a “big year” because the trajectory of most of
Microsoft and Meta report earnings today, with AI investments and cloud growth in focus. Can these tech giants sustain their ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
DeepSeek’s AI breakthrough challenges Big Tech with a cheaper, efficient model. This may be bad for the incumbents, but good ...
In an apparent response to the attention on a new AI model out of China, Microsoft CEO Satya Nadella posted online ...
Meta Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling its bets on pricey ...
Meta and Tesla rally after-hours, while Microsoft slides. Stock futures edge higher—will the gains hold? Full market analysis ...
That all changed Monday when the market went into full meltdown over DeepSeek AI. The China-based company sent Wall Street ...
Musk has his fingers in a lot of pies and most have something to do with artificial intelligence. That makes Tesla’s earnings ...
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