Mark Zuckerberg downplays DeepSeek’s disruption, defends Meta’s massive AI investment
While DeepSeek has caused a significant sell-off in AI stocks due to fears that powerful AI models may no longer require extensive computing resources, Zuckerberg said the company’s achievements only reinforce Meta’s commitment to AI.
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
Meta Platforms (NASDAQ: META) stock rose as firms raised price targets & company reported strong Q4 sales. Analysts see ...
Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech ...
Meta and Microsoft outperformed in Q4 and Q2 earnings but saw diverging market responses. See why META and MSFT stocks are ...
Reflecting up to 15% annual growth, Meta projects first-quarter 2025 income between $39.5 billion and $41.8 billion ahead.
Meta unveils a data center in Mesa with pledges of sustainability at a time when critics are raising louder concerns about ...
Broadcom stock was getting a much-needed boost early Thursday. The company looks set to benefit from greater use of its chip ...
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