Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, ...
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Meta Platforms posted record revenue in the fourth quarter, aided by artificial-intelligence improvements to its ads business ...
Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, ...
Judge halts Trump’s spending freeze as agencies see chaos, Starbucks beats expectations as turnaround campaign continues, and ...
Microsoft boss Satya Nadella (pictured) hailed the AI revolution as a 'massive opportunity' as he doubled down in the face of ...
Microsoft and Meta report earnings today, with AI investments and cloud growth in focus. Can these tech giants sustain their ...
DeepSeek will not derail Microsoft and Meta spending a combined $US145bn ($232.3bn) on artificial intelligence this year, ...
The results were a mixed bag, with Wall Street increasingly skeptical of capital expenditures on artificial intelligence.
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
That all changed Monday when the market went into full meltdown over DeepSeek AI. The China-based company sent Wall Street ...