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Meta defends $65bn AI spend
Meta Engineers See Vindication in DeepSeek’s Apparent Breakthrough
The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that bet is having an impact.
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,
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.
Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI
Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand. © 2024 TechCrunch. All rights reserved. For personal use only.
3d
Meta downplays DeepSeek, but may be copying the Chinese AI behind closed doors
Meta CEO Mark Zuckerberg said the company will invest billions in AI despite the DeepSeek surprise; wants Llama 4 to lead the ...
3d
on MSN
Meta's chief AI scientist says market reaction to DeepSeek was 'woefully unjustified.' Here's why.
Meta's top AI scientist, Yann LeCun, said there was a "major misunderstanding" about how billions in AI investment will be ...
Stockhead on MSN
7h
DeepSeek the new frontline in digital cold war against China
China outmanoeuvred the US with the launch of DeepSeek. But the US’s biggest tech companies are fighting back in the AI race.
23h
DeepSeek Undermines Robust Earnings And Economic Growth
Despite supportive earnings, DeepSeek shocked technology stocks. In the busiest week of the earnings season, tariffs and the ...
3d
on MSN
Meta CEO Mark Zuckerberg says DeepSeek will 'benefit' the company and the future of its AI business
Meta CEO Mark Zuckerberg and CFO Susan Li spoke of the benefits of DeepSeek's flagship AI model to its company in a leaked ...
4d
on MSN
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...
4d
Zuckerberg Defends Meta’s Massive AI Spend amid DeepSeek Frenzy
CEO Mark Zuckerberg addressed the pressing issues of massive AI (artificial intelligence) expenditure and DeepSeek’s AI ...
2h
on MSN
Nvidia Stock Investors Just Got Good News From Meta Platforms and Microsoft
Importantly, other Wall Street analysts seem to be thinking along similar lines. Despite the DeepSeek news, Nvidia still has ...
2d
on MSN
DeepSeek AI skyrockets in popularity; Alibaba and ChatGPT launch new AI models
Chinese startup DeepSeek's artificial intelligence challenges major U.S. tech companies like Meta and OpenAI. Here's why.
8d
on 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 ...
2d
Meta’s Zuckerberg Takes on DeepSeek With History of Topping Innovative Rivals
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg ...
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