Microsoft, Meta back big AI spending despite DeepSeek's low costs
Microsoft has earmarked US$80 billion ($128 billion) for AI in its current fiscal year, while Meta has pledged as much as US$65 billion. That is a far cry from the roughly US$6 million DeepSeek said it has spent to develop its AI model.
The CEOs of both U.S. tech behemoths spoke about the Chinese startup’s innovations as they disclosed their financial results.
Artificial intelligence was the focus when tech giants Microsoft and Meta kicked off the first round of Big Tech earnings of 2025. Here's what we learned.
Leaders of major U.S. tech companies at the forefront of artificial intelligence (AI) are brushing off a popular new model ...
Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud ...
DeepSeek's sudden emergence is shaking up the tech scene. That could be good news for small startup companies.
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Zuckerberg vows Meta will lead despite DeepSeek disruptionMeta's Mark Zuckerberg has moved to encourage optimism after DeepSeek’s AI models sent out multiple shockwaves that rocked ...
Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, ...
Welcome to The Hill’s Technology newsletter{beacon} Technology Technology   The Big Story Big Tech unfazed by DeepSeek’s rise ...
OpenAI claims to have found evidence that Chinese AI startup DeepSeek secretly used data produced by OpenAI’s technology to ...
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