Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
By Aditya Soni and Deborah Mary Sophia (Reuters) -Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI ...
Meta, Microsoft Fail to Answer Big AI Question. Tech Faces a Dot-Com Moment and 5 Other Things to Know Today.
A plane carrying 64 crashes with an Army helicopter near Washington, Tesla’s quarter was lackluster as investors look to ...
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.
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.
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 ...
Microsoft, Meta back big AI spending despite DeepSeek's low costs
(Reuters) -Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to ...
Microsoft shares slide on cloud outlook; Meta up after Q4 beat
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
Microsoft shares slide on dour cloud outlook, Meta rises on revenue beat
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...
US stocks boosted at open by earnings and signs AI spending's intact. Nvidia dips, though.
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
Microsoft, Meta's plans for AI infrastructure send allied stocks surging
"We expect CapEx growth in 2025 will be driven by increased investment to support both our generative AI efforts and our core business. The majority of our CapEx in 2025 will continue to be directed ...
Cyprus Mail on MSN2h
Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs
Investors punished Microsoft with a 4 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2 per cent after CEO Mark Zuckerberg assured ...