Meta defends $65bn AI spend

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,
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.
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.
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns about rising AI costs in the US.
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.
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 ...
Meta Gave Away Its A.I. Crown Jewels. DeepSeek Vindicated Its Strategy.
The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that ...
Here's what DeepSeek AI does better than OpenAI's ChatGPT
However, the consensus is that DeepSeek is superior to ChatGPT for more technical tasks. If you use AI chatbots for logical ...
Can Meta win in the DeepSeek AI era? Today’s earnings call will hold clues.
Meta reports earnings Wednesday afternoon. Investors will be focused on the implications of DeepSeek’s success — and on the ...
english.mathrubhumi21m
Meta’s AI profits skyrocket; Will DeepSeek’s cheap tech overtake them?
Meta reports record profits and revenue in 2024, driven by ad growth and plans massive AI infrastructure investment.
DeepSeek is giving the world a window into Chinese censorship and information control
Previously little-known Chinese startup DeepSeek has dominated headlines and app charts in recent days thanks to its new AI ...
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 ...
ChatGPT, DeepSeek Or Llama? Meta’s LeCun Says Open-Source Is The Key
Meta’s Yann LeCun asserts open-source AI is the future, as the Chinese open-source model DeepSeek challenges ChatGPT and ...