Meta and Microsoft Double Down on Huge A.I. Spending, Despite …
13 hours ago · Satya Nadella, the C.E.O. of Microsoft, said the Windows maker will keep up its heavy investing in A.I. even as investors wonder about the costs. ... Meta’s C.E.O., told analysts on Wednesday ...
Meta, Microsoft CEOs Justify Heavy AI Spending Amid DeepSeek
7 hours ago · Microsoft CEO Satya Nadella said on the company's earnings call that its AI business was up 175% in revenue year-over-year, for an annual revenue run rate of $13 billion. Overall revenue at the ...
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek …
1 day ago · Satya Nadella, CEO of Microsoft , opens new tab, said the spending was needed to overcome the capacity constraints that have hampered the technology giant's ability to capitalize on AI.
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek …
16 hours ago · Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that have hampered the technology giant's ability to capitalise on AI. "Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Meta CEO Mark Zuckerberg said on a post-earnings call.
What We Learned About the Future of AI from Microsoft, Meta …
5 hours ago · Microsoft’s fiscal second-quarter cloud revenue fell slightly short of expectations, but CEO Satya Nadella noted the company’s AI revenue run rate hit $13 billion in the quarter, well above ...
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending …
Microsoft Chief Executive Satya Nadella and Meta CEO Mark Zuckerberg said in earnings calls that DeepSeek had made real innovations. But the two portrayed the Chinese company’s work as part of a ...
Microsoft, Meta back big AI spending despite DeepSeek's low costs
11 hours ago · REUTERS/Dado Ruvic/Illustration/File Photo FILE PHOTO: Chairman and CEO of Microsoft Corporation Satya Nadella speaks during the "Microsoft Build: AI Day" event in Jakarta, Indonesia, April 30, 2024.
Stock market today: Meta and Tesla lead most of Wall Street higher
22 hours ago · Meta Platforms was one of the stronger forces pushing upward on indexes after rising 2%. The company behind Facebook and Instagram delivered a better profit for the end of 2024 than analysts expected. ... Microsoft CEO Satya Nadella also continued to talk up AI following DeepSeek’s disruption.
Silicon Valley leaders from Sam Altman to Satya Nadella react to …
11 hours ago · Satya Nadella. Nadella, Microsoft's ... Meta did not immediately respond to a request for comment. Nvidia. In a statement, a spokesperson for Nvidia told Business Insider that DeepSeek is an ...
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans …
9 hours ago · DeepSeek claims to have trained an advanced model for less than $6 million. Christopher Sadowski. CEO Satya Nadella also indicated that Microsoft would continue investing in AI – and expressed ...