Microsoft, Meta CEOs Defend Hefty AI Spending After DeepSeek Stuns Tech World
"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. Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that have hampered the technology giant's ability to capitalize on AI.
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DeepSeek is a Chinese AI startup that recently launched a competitive new AI model, R1, with impressive capability at a lower ...
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