Microsoft, Meta CEOs Defend Hefty AI Spending

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 technology despite the investor panic this week over the ri
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 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.
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.
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.
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Meta Platforms posted record revenue in the fourth quarter, aided by artificial-intelligence improvements to its ads business ...
Meta says end of fact-checking hasn’t impacted ad spend
Meta says its controversial decision to put an end to its fact-checking program hasn't impacted advertiser spend. On its Q4 ...
Meta Gains After Zuckerberg Predicts ‘Really Big Year’ in AI
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a ...
The News International39m
Why keeping US AI away from China’s DeepSeek won’t be easy
Leading White House advisers this week raised concern that China's DeepSeek might have derived benefits from a technique ...
This year’s hottest Super Bowl ticket? Advertising space
The Super Bowl is a hot ticket for advertisers because the live viewing audience is so large. Last year, an estimated 123.7 million viewers tuned into the game, according to Nielsen.
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Dow Jones Futures Rise Amid Tesla Robotaxi Target, Earnings Movers
Remember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next ...
Cyprus Mail48m
AI stock shock could spark broader gains in US market
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has propelled ...
Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open source standard’; no reason to rethink spending
Meta re-affirmed its plan Wednesday to spend between $60 billion and $65 billion in capital expenditures this year.