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Microsoft, Meta CEOs Defend Hefty AI Spending

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

By Aditya Soni and Deborah Mary Sophia (Reuters) -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.

Wall Street Journal · 5h

Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans

The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.

Investopedia · 16h

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.

Meta, Wall Street

Variety on MSN · 16h

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 Washington Post · 16h

Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties

Reuters on MSN · 15h

Meta warns first-quarter revenue will miss Wall St expectations

Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.

Tesla, Microsoft & Meta in Focus

Forbes · 1d

Meta, Microsoft And Tesla All Report Earnings After The Close

Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, major earnings, and government cuts ahead.

TheStreet on MSN · 1d

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.

Cryptopolitan on MSN · 14h

Wall Street giants Tesla, Meta, and Microsoft report weak earnings after the bell

Wall Street got a hard slap after the bell on Jan. 29 when Tesla, Meta, and Microsoft dropped their earnings reports, each showing numbers that didn’t hit the targets analysts had set. Investors saw their hopes crash as three of the biggest tech giants struggled on multiple fronts—electric vehicles,

4hon MSN

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 ...

9hon MSN

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.

PCMag on MSN1d

Meta AI Can Now 'Remember' What You Tell It Across Apps

Meta AI will curate responses based on the information you've supplied across Facebook, Instagram, Messenger, and WhatsApp, ...

21hon MSN

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 ...

This AI stock might be worth more than Meta in 2025

Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...

4don MSN

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 ...

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 ...

1hon MSN

Meta, Microsoft Fail to Answer Big AI Question. Tech Faces a Dot-Com Moment and 5 Other Things to Know Today.

A plane carrying 64 crashes with an Army helicopter near Washington, Tesla’s quarter was lackluster as investors look to ...

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Microsoft, Meta CEOs Defend Hefty AI Spending

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