Microsoft, Meta CEOs defend hefty AI spending
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.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.” ...
With AI, though, it’s different. The stakes are different – the impact on our society and our personal lives is different. So ...
Meta Platforms Inc., the parent company of Facebook and Instagram, revealed a blowout Q4 in its latest earnings report, but ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
Meta Platforms Inc. CEO Mark Zuckerberg defended the company’s ambitious spending plans, predicting a “really big year” in ...
Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI ...
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