Meta and Microsoft defend AI capex spend post-DeepSeek
DeepSeek. Now Tech giants Meta and Microsoft are justifying large AI investment amid questions raised by DeepSeek over how much it costs to train cutting-edge models.
What Mark Zuckerberg thinks about DeepSeek
Recently, DeepSeek stated that its models match or surpass its main American rivals at a fraction of the cost, including Meta ...
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country's ...
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Open-source or not? DeepSeek’s R1 chatbot fuels debate in AI innovation
Chinese AI shooting star DeepSeek has made headlines for its R1 chatbot’s supposed low cost and high performance, but also ...
Heard on the Street: Behind the AI Splurge at Microsoft and Meta
That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
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Stock market today: Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher following a rush of profit reports from some of the country ...