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 ...
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.
Welcome to The Hill’s Technology newsletter{beacon} Technology Technology   The Big Story Big Tech unfazed by DeepSeek’s rise ...
Meta and Tesla shares rally. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Gross domestic product (GDP) increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the Bureau of ...
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.
Key Takeaways Microsoft, Meta, and IBM all highlighted healthy growth in their AI businesses in the last three months of 2024 ...
Days after the overnight success of Chinese chatbot DeepSeek wiped a trillion dollars off the value of U.S. tech stocks, software CEOs are telling investors that the artificial intelligence revolution ...
Leaders of major U.S. tech companies at the forefront of artificial intelligence (AI) are brushing off a popular new model ...
Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the ...
Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market.
DeepSeek's sudden emergence is shaking up the tech scene. That could be good news for small startup companies.