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 ...
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 a bit as investors wait to ...
Meta Smashes Earnings Expectations in Q4, Mark Zuckerberg touts “U.S. Administration That Is Proud of our Leading Companies”
Meta Platforms Inc., the parent company of Facebook and Instagram, revealed a blowout Q4 in its latest earnings report, but ...
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Why keeping US AI away from China’s DeepSeek won’t be easy
Leading White House advisers this week raised concern that China's DeepSeek might have derived benefits from a technique ...
Has Europe’s great hope for AI missed its moment?
Mistral AI was hailed as a potential global leader in the technology. But it has lost ground to US rivals — and now China’s emerging star ...
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Low sales threaten Meta’s AI investments amid $25m Trump settlement
Meta Platforms expects its sales in the first quarter of 2025 to be around $39.5 billion. The figures fall short of the $41.7 billion analyst projections. The Q1 projections could potentially ...
Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open source standard’; no reason to rethink spending
Meta re-affirmed its plan Wednesday to spend between $60 billion and $65 billion in capital expenditures this year.