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.
Meta Platforms' AI-driven strategy boosts ad revenue potential. Read why META stock is a buy with strong upside and a cheaper valuation compared to peers.
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Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, ...
CEO Mark Zuckerberg addressed the pressing issues of massive AI (artificial intelligence) expenditure and DeepSeek’s AI ...
Meta Platforms (META) is considering testing the Chinese AI model DeepSeek in its generative tools for advertisers, The ...
Is Meta a Better Artificial Intelligence (AI) Stock to Buy Than Nvidia After DeepSeek's Stunning R1 Debut?
More than 4 million advertisers are now using the company’s generative AI offerings while Meta is working to streamline its ...
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
On earnings calls this week, several technology giants pointed to DeepSeek's software having "clever tricks," while also raising questions about the security and effectiveness of the Chinese-based ...
Meta Platforms posted record revenue in the fourth quarter, aided by artificial-intelligence improvements to its ads business ...
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