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 Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that ...
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
Meta re-affirmed its plan Wednesday to spend between $60 billion and $65 billion in capital expenditures this year.
Meta's chief AI scientist, Yann LeCun, said DeepSeek's success with R1 said more about the value of open-source than Chinese ...
Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI ...
If we learned anything from tonight’s December-quarter earnings announcements from Microsoft and Meta Platforms, it’s that we ...
Meta Platforms (META) is considering testing the Chinese AI model DeepSeek in its generative tools for advertisers, The ...
Meta Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling its bets on pricey ...
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