Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat

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  Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek

  Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
  
  The New York Times - 1h

• Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough

  Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won't likely curb Meta's AI spending.
  
  CNBC - 20h

• Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.

  Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”
  
  MarketWatch - 20h
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  Microsoft Continues A.I. Spending Growth as Profit Grows 10%

  The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.
  
  The New York Times - 21h
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  Microsoft Continues A.I. Spending Growth as Profit Grows 10%

  The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.
  
  The New York Times - 1d
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  DeepSeek Shows Meta’s A.I. Strategy Is Working

  The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that bet is having an impact.
  
  The New York Times - 1d
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  Meta to Increase Spending to $65 Billion This Year in A.I. Push

  Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.
  
  The New York Times - 3d
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  Meta nearly doubling spending with eye toward AI

  Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...
  
  The Hill - 6d
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  Trump doubles down on threat to withhold California wildfire aid

  President Trump doubled down on his threats to withhold aid from California, where wildfires are raging, without a change in the management of water from leaders in the Golden State. Trump told Fox ...
  
  The Hill - Jan. 23

More from The New York Times

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  European Central Bank Cuts Interest Rates as Economic Growth Stagnates

  The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
  
  The New York Times - 5h
• 

  The Fed Holds Rates Steady, Hitting Pause After a Series of Cuts

  The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.
  
  The New York Times - 22h
• 

  Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast

  A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the North Sea.
  
  The New York Times - 4h
• 

  Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit

  The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
  
  The New York Times - 22h
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  After DeepSeek, Venture Capital Investors Face Questions About Their A.I. Bets

  Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.
  
  The New York Times - 1d

More in Business

• Apple misses on iPhone revenue, sees 11% drop in China sales

  Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.
  
  CNBC - 14m

• Intel issues weak forecast, citing seasonality and an uncertain economy

  Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.
  
  CNBC - 20m

• UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half

  UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.
  
  CNBC - 20m
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  Apple results top estimates even as iPhone sales stall

  Rising competition from local device makers puts pressure on Silicon Valley group’s business in China
  
  Financial Times - 21m

• Eaton finds its footing ahead of earnings after DeepSeek fears shook the stock

  Eaton investors worried that DeepSeek will torpedo the AI trade can breathe a little easier Thursday.
  
  CNBC - 23m