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Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,
What Tesla, Meta, and Microsoft said about DeepSeek and AI spending
Here are all the crucial things Tesla, Meta and Microsoft CEOs and CFOs said on their Wednesday evening quarterly conference calls as it relates to Capex and DeepSeek's potential impact on future Capex budgets.
Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI
Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
Meta Platforms’ fourth-quarter revenue beat Wall Street expectations on Wednesday, but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.
14h
Meta’s Zuckerberg Sounds Bullish Notes on A.I., Trump Administration
Meta Platforms' CEO Mark Zuckerberg provided more color on the company's artificial-intelligence plans and its hopes for the ...
1d
This AI stock might be worth more than Meta in 2025
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
8d
on MSN
What's the difference between plutocracy and oligarchy? Here's what they mean
Last Wednesday, during former President Joe Biden's farewell address, he warned that the U.S. could become an "oligarchy." ...
Redmond Pie
13d
Tech CEOs Including Apple’s Tim Cook, Meta’s Mark Zuckerberg, And Tesla’s Elon Musk Will Attend Trump’s Inauguration
With the inauguration of President Donald Trump set to take place next week there will no doubt be plenty of people looking ...
9d
on MSN
Jeff Bezos, Elon Musk, and Mark Zuckerberg Attend Trump's Inauguration
Among the guests at Donald Trump's second inauguration in Washington, D.C. today were three billionaire tech CEOs: Amazon's ...
7d
on MSN
Battle against ‘woke mind virus’ is ‘not yet won’ despite Big Tech’s shift to Trump: Software company investor
Palantir co-founder Joe Lonsdale told "The Will Cain Show" that the battle against the "woke mind virus" is not yet "won" ...
briefly
4d
“How Much Money?”: World’s Richest Men Pose Together at Trump’s Big Day
A historic photo of tech billionaires Tim Cook, Elon Musk, Mark Zuckerberg, and Jeff Bezos at Trump's inauguration showcases ...
9d
Report says when the world will have its first trillionaires, it's soon
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next ...
USA TODAY on MSN
6d
The world's richest people attended Trump's inauguration. Here are their net worths
Musk is the richest person in the world with a net worth of $449 billion, according to the Bloomberg Billionaires Index. He ...
1d
on MSN
Trump, a populist president, is flanked by tech billionaires at his inauguration
Some of the most exclusive seats at President Donald Trump’s inauguration were reserved for powerful tech CEOs who also are ...
2h
on MSN
Meta, Microsoft Fail to Answer Big AI Question. Tech Faces a Dot-Com Moment and 5 Other Things to Know Today.
A plane carrying 64 crashes with an Army helicopter near Washington, Tesla’s quarter was lackluster as investors look to ...
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