Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market players.
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.
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Microsoft CEO Satya Nadella recently commented on DeepSeek's ultra-cost-effective AI and compared it to the Jevons paradox economic concept. The executive claims AI will skyrocket, and developments out of China shouldn't be ignored.
A new game of ‘my data center is bigger than yours’ started this week with the announcement of OpenAI’s Project Stargate.
The Microsoft CEO will have to perform a delicate balancing act over the next four years to keep his company from becoming a target.
Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech giant's ability to capitalize on AI.
DeepSeek will not derail Microsoft and Meta spending a combined $US145bn ($232.3bn) on artificial intelligence this year, with Mark Zuckerberg steaming ahead with plans to build a data centre almost the size of Manhattan.
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
The Microsoft CEO cited Jevons paradox, which stipulates increased efficiency in production drives increased demand.
On Wednesday, Microsoft Corporation MSFT CEO Satya Nadella addressed Elon Musk’s skepticism about ... See Also: Samsung, Google Team Up On AR Glasses Development, Duo To Enter Race Against Meta And Apple “Any time a company that you've supported ...
Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports