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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
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 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,
Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.
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.
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.
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.
17h
Meta’s Zuckerberg Sounds Bullish Notes on AI, Trump Administration
Meta Platforms' CEO Mark Zuckerberg provided more color on the company's artificial-intelligence plans and its hopes for the ...
1h
on MSN
Tesla, Microsoft, and Meta report mixed earnings results
Results for the US tech giants were mixed, as Tesla and Microsoft fell short of market expectations in the growth of their ...
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 ...
Town & Country on MSN
10d
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 ...
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
7d
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 ...
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" ...
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 ...
6d
on MSN
Meta Will Spend Up to $65 Billion to Fuel AI Expansion, Mark Zuckerberg Says
Meta CEO Mark Zuckerberg said his company will spend up to $65 billion as it looks to "significantly" grow its artificial ...
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 ...
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