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Microsoft, Meta CEOs Defend Hefty AI Spending
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
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.
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.
Meta Earnings Top Estimates Amid Big Growth in AI Spending
Meta Platforms reported fourth-quarter earnings that topped analysts' estimates as revenue grew more than 20% year-over-year.
Meta, Wall Street
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta’s Q4 profits exceed Wall Street’s expectations
Meta's fourth quarter profits rose to $48.39 billion thanks to higher ad revenue on its social media properties.
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties
Meta to pay $25M to Trump
Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed. Founder-CEO Mark Zuckerberg will take questions on a call shortly.
Meta Reportedly To Pay $25 Mln To Settle Trump' 2021 Lawsuit; Sees 8%-15% Y-o-Y Revenue Growth In Q1
Meta Platforms (META) agreed to pay about $25 million to settle a 2021 lawsuit filed by President Donald Trump against the company
Meta to pay $25 million to settle Donald Trump lawsuit, Zuckerberg hails administration
The suit was brought after Facebook, among other social media platforms, suspended Trump's account following the Jan. 6 insurrection that attempted to overthrow the 2020 election.
1h
on MSN
Meta Gains After Zuckerberg Predicts ‘Really Big Year’ in AI
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence ...
47m
on MSN
Nvidia Stock Falls. What Microsoft and Meta Earnings Mean for the AI Chip Maker.
Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.
2h
Buy, Sell, Or Hold META Stock At $690?
It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...
The Manila Times on MSN
5h
Meta posts big profit, aims to take AI lead
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
17h
Meta earnings live updates: Wall Street watching for AI monetization, reaction to DeepSeek mania
Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI ...
23h
AI Memory And Context: Open Source, DeepSeek, Meta, And Model Research
With AI, though, it’s different. The stakes are different – the impact on our society and our personal lives is different. So ...
10h
on MSN
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
22h
on MSN
Alibaba touts new AI model it says rivals DeepSeek, OpenAI, Meta's top offerings
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 ...
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