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Microsoft, Meta CEOs defend hefty AI spending
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark Zuckerberg said.
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep pouring billions of dollars into AI – despite lingering anxiety over the launch of China-based DeepSeek’s AI model.
Microsoft and Meta defend massive AI investments amid rising competition from DeepSeek
Chinese startup DeepSeek claims to offer competitive AI models at lower costs, raising doubts about U.S. tech giants' investments in AI. Microsoft and Meta defend their significant spending, highlighting its importance for long-term strategic advantage amidst increasing demand for AI solutions.
Meta, Zuckerberg
Mark Zuckerberg said this will be a 'big year' for redefining Meta's relationship with the government
On Meta's earnings call, Mark Zuckerberg said this will be a "big year" for redefining the company's relationship with the federal government.
Zuckerberg vows Meta will lead despite DeepSeek disruption
Meta's Mark Zuckerberg has moved to encourage optimism after DeepSeek’s AI models sent out multiple shockwaves that rocked Wall Street.
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in the AI space.
4h
Mark Zuckerberg to invest over $65 billion as CAPEX for AI infrastructure, data centres in 2025
In a recent post, Zuckerberh outlined how Meta plans to build a 2GW+ data centre. Zuckerberg also mentioned that by the end ...
Hosted on MSN
7h
Mark Zuckerberg's Meta Agrees to Pay Trump a Huge Settlement in Censorship Lawsuit
President Donald Trump has reportedly signed a roughly $25 million settlement agreement with Meta over the social media ...
Asharq Alawsat (English) on MSN
16h
Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs
(Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in ...
19h
A.I. Giants Double Down on Spending, Even as DeepSeek Looms
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
13d
on MSN
Facebook boss Mark Zuckerberg blamed former lieutenant Sheryl Sandberg for pushing ‘inclusivity initiative’ in meeting with Trump aides: report
Stephen Miller told Zuckerberg that the billionaire mogul had “an opportunity to help reform America, but it would be on ...
6d
on MSN
Mark Zuckerberg says Meta plans to spend over $60 billion as Silicon Valley panics over Chinese AI competition
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
12h
Microsoft and Meta’s AI splurge still not enough for Nvidia
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
12h
on MSN
Mark Zuckerberg calls his shot with latest earnings call prediction
It has been a busy week for both Wall Street and Silicon Valley as many tech companies unveil their Q4 2024 earnings reports.
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