Meta defends $65bn AI spend

Zuckerberg says it's too soon to tell what impact DeepSeek will have on AI spending
Mark Zuckerberg said Wednesday it was too soon to say how advancements by DeepSeek, a Chinese startup, would impact Meta's heavy investments in AI.
Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”
Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI
Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.
Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won’t likely curb Meta’s AI spending.
Microsoft, Meta, Tesla earnings on deck as DeepSeek triggers AI rethink
Markets are looking for assurances that DeepSeek hasn't completely disrupted the AI investment thesis. They may be disappointed.
Mark Zuckerberg: DeepSeek shows why U.S. must be AI’s ‘global open source standard’; no reason to rethink spending
The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's ...
Meta Gave Away Its A.I. Crown Jewels. DeepSeek Vindicated Its Strategy.
The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that ...
Here's what DeepSeek AI does better than OpenAI's ChatGPT
However, the consensus is that DeepSeek is superior to ChatGPT for more technical tasks. If you use AI chatbots for logical ...
Meta's chief AI scientist says DeepSeek's success shows that 'open source models are surpassing proprietary ones'
Meta's chief AI scientist, Yann LeCun, said DeepSeek's success with R1 said more about the value of open-source than Chinese ...
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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 ...
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Meta’s AI profits skyrocket; Will DeepSeek’s cheap tech overtake them?
Meta reports record profits and revenue in 2024, driven by ad growth and plans massive AI infrastructure investment.
Meta crushes Wall Street’s profit targets as Zuckerberg dismisses DeepSeek threat
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
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 ...
'Key beneficiary of TikTok's mishaps:' Meta is one of Wall Street's top AI picks headed into earnings
Wall Street analysts see AI boosting Meta's performance this year. The tech titan could also be a big winner amid the drama ...