Chinese AI startup DeepSeek burst on the scene this week with its latest AI model, which the startup claims performs as well ...
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI ...
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark ...
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Shares of AI infrastructure providing companies climbed on Thursday after positive commentary from Meta Platforms ...
Microsoft (MSFT), and Meta Platforms (META) reported earnings after Wednesday's closing bell, as investors weigh which Big ...
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Microsoft has earmarked US$80 billion ($128 billion) for AI in its current fiscal year, while Meta has pledged as much as ...
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...
Chinese startup DeepSeek claims to offer competitive AI models at lower costs, raising doubts about U.S. tech giants’ ...