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Meta defends $65bn AI spend
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.
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”
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 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.
Microsoft, Meta, Tesla earnings on deck as DeepSeek triggers AI rethink
Markets are looking for assurances that DeepSeek hasn't completely disrupted the AI investment thesis. They may be disappointed.
Donald Trump Gets $25 Million from Meta
Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed a bit as investors wait to grill CEO Mark Zuckerberg on a range of topics
Donald Trump Gets $25 Million from Meta in New Settlement: Report
According to reporting by the Wall Street Journal, President Donald Trump has reportedly signed settlement papers expected to require Meta Platforms to pay approximately $25 million to resolve a 2021 lawsuit he filed after the company suspended his accounts following the attacks on the U.
Meta will pay $25 million to settle Trump lawsuit alleging censorship
Brought by Trump in 2021, the lawsuit alleged Meta improperly suspended his social media accounts following the January 6 attack at the capitol.
Alibaba releases AI model
Alibaba touts new AI model it says rivals DeepSeek, OpenAI, Meta's top offerings
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 as well as the top models from U.S. rivals OpenAI and Meta.
Alibaba Touts New AI Model Superior to DeepSeek’s and Meta’s
Alibaba Group Holding Ltd. published benchmark scores and touted what it called world-leading performance with its new artificial intelligence model release.
Alibaba releases AI model it claims surpasses DeepSeek
Chinese tech company Alibaba 9988.HK on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.
5m
on MSN
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the ...
7h
on MSN
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
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 ...
2h
on MSN
Microsoft and Meta 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.
2d
Meta AI will use its ‘memory’ to provide better recommendations
Along with these “memories,” Meta AI on Facebook, Messenger, and Instagram will deliver “a greater level of personalization” ...
6h
on MSN
Meta’s Zuckerberg predicts ‘really big year’ in AI
Meta Platforms Inc. CEO Mark Zuckerberg defended the company’s ambitious spending plans, predicting a “really big year” in ...
2d
on MSN
Meta AI can now use your Facebook and Instagram data to personalize its responses
Meta says it is rolling out improvements to Meta AI, including the ability to tap profile data from Meta's various apps.
5h
on MSN
Mark Zuckerberg says this is a make-or-break year for Meta's AI glasses
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?
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