· 1h · on MSN
DeepSeek AI Cost Less Than $6 Million to Develop. Here's Why Meta and Microsoft Are Justifying Spending Billions.
· 4h · on MSN
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.
Days after the overnight success of Chinese chatbot DeepSeek wiped a trillion dollars off the value of U.S. tech stocks, software CEOs are telling investors that the artificial intelligence revolution is still on track.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Microsoft boss Satya Nadella (pictured) hailed the AI revolution as a 'massive opportunity' as he doubled down in the face of a market backlash.
The Microsoft CEO will have to perform a delicate balancing act over the next four years to keep his company from becoming a target.
A new game of ‘my data center is bigger than yours’ started this week with the announcement of OpenAI’s Project Stargate.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
DeepSeek will not derail Microsoft and Meta spending a combined $US145bn ($232.3bn) on artificial intelligence this year, with Mark Zuckerberg steaming ahead with plans to build a data centre almost the size of Manhattan.
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
STORY: Tech giants Microsoft and Meta failed to impress the market on Wednesday as both companies delivered glum outlooks.:: MicrosoftMicrosoft reported slower-than-expected growth in its crucial Azure cloud business,
If we learned anything from tonight’s December-quarter earnings announcements from Microsoft and Meta Platforms, it’s that we’re still in a wait-and-see mode on artificial intelligence. In fact, Meta CEO Mark Zuckerberg declared that 2025 would be a “big year” because the trajectory of most of
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