Microsoft, Meta CEOs Defend Hefty AI Spending

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 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.
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.
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.
Microsoft, Meta back big AI spending despite DeepSeek's low costs
Microsoft has earmarked $80 billion for AI in its current fiscal year, while Meta has pledged as much as $65 billion
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, 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.
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.
Meta, Microsoft And Tesla All Report Earnings After The Close
Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, major earnings, and government cuts ahead.
Meta's chief AI scientist says market reaction to DeepSeek was 'woefully unjustified.' Here's why.
Meta's top AI scientist, Yann LeCun, said there was a "major misunderstanding" about how billions in AI investment will be ...
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.
French privacy watchdog to quiz DeepSeek on AI, data protection
France's privacy watchdog said on Thursday it will question DeepSeek to gain a better idea of how the Chinese startup's AI ...
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Meta's chief AI scientist says DeepSeek's success shows that 'open source models are surpassing proprietary ones'
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DeepSeek Has More To Offer Beyond Efficiency: Explainable AI
DeepSeek-R1 charts a new path for AI through explaining its own reasoning process. Why does this matter and how will it benefit the world?
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