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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,
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Alibaba and DeepSeek
Alibaba Touts New AI Model Superior to DeepSeek’s and Meta’s
Alibaba Group Holding Ltd. published benchmark scores and touted what it called world-leading performance with its new artificial intelligence model release.
Microsoft rolls out DeepSeek's AI model on Azure platform
Microsoft MSFT.O has made Chinese startup DeepSeek's R1 artificial intelligence model available on its Azure cloud computing platform and GitHub tool for developers, the U.S. company said on Wednesday.
Alibaba touts new AI model it says rivals DeepSeek, OpenAI, Meta's top offerings
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 as well as the top models from U.S. rivals OpenAI and Meta.
2h
on MSN
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 ...
1h
on MSN
Mark Zuckerberg says this is a make-or-break year for Meta's AI glasses
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?
23h
This AI stock might be worth more than Meta in 2025
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
The Information
17m
Meta and Microsoft Show AI Bets Still in Play
If we learned anything from tonight’s December-quarter earnings announcements from Microsoft and Meta Platforms, it’s that we ...
2h
on MSN
Meta stock climbs after earnings beat on AI, smart glasses
Meta (META) stock climbed by around 4% in after-hours trading after chief executive Mark Zuckerberg said on the company’s ...
PCMag on MSN
1d
Meta AI Can Now 'Remember' What You Tell It Across Apps
Meta AI will curate responses based on the information you've supplied across Facebook, Instagram, Messenger, and WhatsApp, ...
6h
Meta earnings live updates: Wall Street watching for AI monetization, reaction to DeepSeek mania
Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI ...
Rolling Out
11h
Meta AI’s memory powers smarter recommendations
Privacy experts note that Meta ‘s approach to AI memory includes robust security measures to protect user data. The company ...
4d
on MSN
Meta's chief AI scientist says DeepSeek's success shows that 'open source models are surpassing proprietary ones'
Meta's chief AI scientist, Yann LeCun, said DeepSeek's success with R1 said more about the value of open-source than Chinese ...
42m
on MSN
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 ...
12h
on MSN
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 ...
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