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Microsoft, Meta CEOs Defend Hefty AI Spending
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
Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech giant's ability to capitalize on AI.
Microsoft, Meta stare down DeepSeek threat, making big reveals
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.
Meta, Zuckerberg and AI
Mark Zuckerberg said this will be a 'big year' for redefining Meta's relationship with the government
On Meta's earnings call, Mark Zuckerberg said this will be a "big year" for redefining the company's relationship with the federal government.
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in the AI space.
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.
16h
on MSN
Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open source standard’; no reason to rethink spending
The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's ...
13d
on MSN
Facebook boss Mark Zuckerberg blamed former lieutenant Sheryl Sandberg for pushing ‘inclusivity initiative’ in meeting with Trump aides: report
Stephen Miller told Zuckerberg that the billionaire mogul had “an opportunity to help reform America, but it would be on ...
13d
on MSN
Then & now: How Elon Musk, Mark Zuckerberg, Jeff Bezos, and other tech leaders are treating Trump differently this time around
Jeff Bezos, Mark Zuckerberg, Elon Musk, and other tech leaders are providing Trump with a warmer welcome to the White House ...
ThePrint
3h
Microsoft’s cloud outlook knocks shares, Meta rises on AI payoff signs
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 4% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2% ...
18h
Meta sends mixed signals as quarterly sales beat estimates but outlook muted
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...
6d
on MSN
Mark Zuckerberg says Meta plans to spend over $60 billion as Silicon Valley panics over Chinese AI competition
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
8h
Microsoft and Meta’s 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.
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