Tech giants are lining up over $300 billion in AI spend. Their CEOs are betting cheaper models will drive up AI demand.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
Microsoft, Alphabet, Meta and Amazon Raise Stakes in AI Race with $300B Bet
GOOGL had already surprised markets with the scale of its investment in AI. CEO Sundar Pichai said spending on data centers and servers would rise to $75 billion this year from $53 billion in 2024, a ...
Yahoo Finance6d
Meta, Microsoft downplay DeepSeek threat
DeepSeek sent Wall Street into a frenzy on Monday, sending shares of Nvidia (NVDA) cratering more than 17% and raising questions about whether Big Tech firms like Microsoft (MSFT) and Meta (META ...
Business Insider7d
Microsoft and Meta Bet Big on AI Despite DeepSeek’s Affordable Breakthrough
U.S. tech giants Microsoft (MSFT) and Meta (META) have backed their significant AI (artificial intelligence) investments in their post-earnings calls, despite the recent breakthrough of DeepSeek ...
Yahoo Finance6d
Meta, Microsoft downplay DeepSeek threat
DeepSeek sent Wall Street into a frenzy on Monday, sending shares of Nvidia (NVDA) cratering more than 17% and raising questions about whether Big Tech firms like Microsoft (MSFT) and Meta (META) are ...