Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.
Artificial intelligence was the focus when tech giants Microsoft and Meta kicked off the first round of Big Tech earnings of 2025. Here's what we learned.
The Microsoft CEO will have to perform a delicate balancing act over the next four years to keep his company from becoming a target.
STORY: Tech giants Microsoft and Meta failed to impress the market on Wednesday as both companies delivered glum outlooks.:: MicrosoftMicrosoft reported slower-than-expected growth in its crucial Azure cloud business,
A new game of ‘my data center is bigger than yours’ started this week with the announcement of OpenAI’s Project Stargate.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
DeepSeek will not derail Microsoft and Meta spending a combined $US145bn ($232.3bn) on artificial intelligence this year, with Mark Zuckerberg steaming ahead with plans to build a data centre almost the size of Manhattan.
Meta's shares have surged 11.70% in three months, driven by strong AI investments, particularly in their Meta ads division. Explore more details here.
Chinese AI startup DeepSeek burst on the scene this week with its latest AI model, which the startup claims performs as well as leading AI from OpenAI, Meta, and Anthropic — but at a far lower cost to develop.
Microsoft CEO Satya Nadella says he’s “good for” his $80 billion AI investment package. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site ...
The Microsoft CEO cited Jevons paradox, which stipulates increased efficiency in production drives increased demand.