Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
The social media conglomerate Meta may be considering a shift in its artificial intelligence (AI) spending strategy due to the emergence of China's DeepSeek, according to eToro analyst Sam North. Meta ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
Meta Platforms (NASDAQ: META) stock rose as firms raised price targets & company reported strong Q4 sales. Analysts see ...
Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech ...
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...
Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far.