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Microsoft, Meta CEOs Defend Hefty AI Spending
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech giant's ability to capitalize on AI.
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep pouring billions of dollars into AI – despite lingering anxiety over the
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the ri
Meta Gains
Meta Gains After Zuckerberg Predicts ‘Really Big Year’ in AI
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence strategy, saying 2025 will be a “really big year” in which its AI assistant will become the most widely used in the industry.
Meta’s Zuckerberg predicts ‘really big year’ in AI
In AI, I expect that this is going to be the year when a highly intelligent and personalized AI assistant reaches more than 1 billion people,” Zuckerberg said on a call with investors following the company’s fourth-quarter earnings report.
Mark Zuckerberg Envisions 2025 to be an ‘Intense’ A.I.-Focused Year for Meta
Meta will hike up its A.I. spend this year it goes all in on Mark Zuckerberg’s vision to dominate the emerging technology.
Meta Platforms Stock Eyes Record
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
Meta Platforms Stock Eyes Record After Earnings, Settlement
Meta Platforms (META) stock is 1.9% higher premarket after strong Q4 earnings and a lawsuit settlement with Donald Trump
Wedbush raises Meta Platforms stock target to $770
Wedbush Securities increased its price target on Meta Platforms Inc. (NASDAQ:META) shares, raising it from $700 to $770, while reaffirming an Outperform rating on the stock. The adjustment follows Meta's recent financial disclosures and takes into account several factors impacting the company's outlook.
Meta to pay $25M to Trump
Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed. Founder-CEO Mark Zuckerberg will take questions on a call shortly.
Meta Reportedly To Pay $25 Mln To Settle Trump' 2021 Lawsuit; Sees 8%-15% Y-o-Y Revenue Growth In Q1
Meta Platforms (META) agreed to pay about $25 million to settle a 2021 lawsuit filed by President Donald Trump against the company
Meta to pay $25 million to settle Donald Trump lawsuit, Zuckerberg hails administration
The suit was brought after Facebook, among other social media platforms, suspended Trump's account following the Jan. 6 insurrection that attempted to overthrow the 2020 election.
AI, DeepSeek
Alibaba touts new AI model it says rivals DeepSeek, OpenAI, Meta's top offerings
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 as well as the top models from U.S. rivals OpenAI and Meta.
How DeepSeek’s AI Stacks Up Against OpenAI’s Model
It’s impossible to look at the Chinese artificial intelligence startup DeepSeek’s new AI model without comparing it against OpenAI, the dominant American rival.DeepSeek has touted its latest AI model,
OpenAI says DeepSeek may have used its AI outputs 'inappropriately' to train new models
DeepSeek built top-performing AI models using less-advanced chips at what it says is a fraction of the cost of rivals such as OpenAI.
2h
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 ...
16h
on MSN
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 ...
20h
on MSN
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
The Manila Times on MSN
8h
Meta posts big profit, aims to take AI lead
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
19h
Meta Earnings Top Estimates Amid Big Growth in AI Spending
Meta Platforms reported fourth-quarter earnings that topped analysts' estimates as revenue grew more than 20% year-over-year.
19h
Meta earnings live updates: Wall Street watching for AI monetization, reaction to DeepSeek mania
Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI ...
3h
on MSN
Nvidia Stock Falls. What Microsoft and Meta Earnings Mean for the AI Chip Maker.
Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.
2d
Meta AI will use its ‘memory’ to provide better recommendations
Along with these “memories,” Meta AI on Facebook, Messenger, and Instagram will deliver “a greater level of personalization” ...
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