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 ...
Reuters8d
Microsoft, Meta back big AI spending despite DeepSeek's low costs
Jan 30 (Reuters) - Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of Microsoft and Meta defended massive spending saying it was ...
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 ...
Microsoft's stock drops as cloud growth underwhelms
Microsoft reported its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things AI.
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 ...