"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."
CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial intelligence (AI) infrastructure. This substantial investment aims to bolster Meta’s AI capabilities and strengthen its competitive position against rivals such as OpenAI and Google in the rapidly evolving AI market.
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.
Meta CEO Mark Zuckerberg and CFO Susan Li spoke of the benefits of DeepSeek's flagship AI model to its company in a leaked all-hands.
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Meta CEO Mark Zuckerberg teased a "return to OG Facebook" as part of his key goals for 2025 in Wednesday's Q4 earnings call with investors. While the
The S&P 500 ( ^GSPC) moved up roughly 0.3%, while the Dow Jones Industrial Average ( ^DJI) added 0.1%. The tech-heavy Nasdaq Composite ( ^IXIC) was little changed, in the wake of a losing day on Wall Street for the gauges.
But what stays with me isn’t the overwrought antipathy between Elon Musk and Mark Zuckerberg, the tetchy tech titans who, in the summer of 2023, made noises — let’s call them grunts — about demonstrating their reciprocal disdain by squaring off and throwing down on the kind of stage used for Ultimate Fighting Championship events.
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report fourth
The meteoric rise of Chinese start-up DeepSeek may have shaken Wall Street's confidence in some favorite trades, but it’s unlikely to change the immediate outlook for the spending that has fueled the AI rally,
Jensen Huang and Nvidia both saw their values hit hard Monday as investors digested the impact of Chinese AI company DeepSeek.