Latest in Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
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Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.The New York Times - 9h -
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 - 21h -
DeepSeek says it built its chatbot cheap. What does that mean for AI's energy needs and the climate?
Chinese artificial intelligence startup DeepSeek stunned markets and AI experts with its claim that it built its immensely popular chatbot at a fraction of the cost of those made by American tech ...ABC News - 1d -
Zuckerberg hails Trump administration on Meta earnings call
Meta CEO Mark Zuckerberg on Wednesday praised President Trump’s administration and said he looks forward to “redefining” the relationship the tech giant has with governments. “This is also going to ...The Hill - 21h -
Meta sticks with big bet on AI even after DeepSeek shook markets
Chief Mark Zuckerberg says group will plough ‘hundreds of billions’ into artificial intelligenceFinancial Times - 21h -
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 - 21h -
Meta to report fourth-quarter earnings amid DeepSeek mania and ballooning AI investments
Zuckerberg likely to be asked about plans to spend $60-65bn on AI in 2025 as tech giant faces increased competition. Meta will report earnings for the fourth quarter of 2024 after US stock ...The Guardian - 1d -
DeepSeek Says It Built its Chatbot Cheap. What Does That Mean for AI’s Energy Needs and the Climate?
If artificial intelligence can truly run more efficiently, the power it needs might be less than experts assume.Inc. - 1d -
Meta’s Zuckerberg explores purchase of Washington property
Billionaire founder of social media group seeks to work more closely with Trump administrationFinancial Times - 1d -
DeepSeek threat exposes guesswork on AI power demand, says IEA
Breakthrough suggests artificial intelligence’s appetite for energy may not be as insatiable as previously thoughtFinancial Times - 1d -
Meta Chief Zuckerberg Joins the Business Roundtable
Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years of avoiding politics.The New York Times - 2d -
Trump says China’s DeepSeek AI chatbot is a ‘wake-up call’
Emergence of cheaper Chinese rival has wiped $1tn off the value of leading US tech companies. What is DeepSeek and why did US tech stocks fall? Business live – latest updates Donald Trump ...The Guardian - 2d -
Trump says China's DeepSeek AI 'should be a wake-up call' for American tech companies
President Donald Trump said Monday that the sudden rise of Chinese AI app DeepSeek “should be a wake-up call” for America’s tech companies.NBC News - 2d -
Denmark to spend billions more on Arctic security
The move comes after President Donald Trump said he wants to acquire Greenland, an autonomous Danish territory.BBC News - 3d -
Tech stocks slump as China’s DeepSeek stokes fears over AI spending
Nvidia loses almost $600bn in market value on worries US groups are facing a ‘Sputnik moment’Financial Times - 3d -
DeepSeek rattles Wall Street. What the Chinese startup means for Nvidia, Meta and the rest of our AI stocks
We explore DeepSeek's wide-ranging implications for our investment portfolio.CNBC - 3d -
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 -
Big tech is spending billions on AI. How much time will Wall Street allow for the payoff?
Earnings Watch: Meta, Apple, Microsoft and Tesla report quarterly results, as analysts start to focus more on AI results. Earnings are also due from Starbucks and Boeing.MarketWatch - 4d -
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this yearCNBC - 6d -
$60 billion in one year: Mark Zuckerberg touts Meta's AI investments
Meta CEO Mark Zuckerberg announced Friday that the company plans to build a massive data center in Louisiana to power its newest AI model, Llama 4, which is set to launch this year.NBC News - 6d -
Meta's increased AI spending helps both of our two chipmakers, but one especially
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 6d -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - 6d -
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.MarketWatch - 6d -
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 -
Scale AI CEO says China has quickly caught the U.S. with the DeepSeek open-source model
Alexandr Wang, CEO of Scale AI, said Thursday that the AI race between the U.S. and China is an "AI war."CNBC - Jan. 23 -
Early Facebook investor Jim Breyer says Zuckerberg has been 'revitalized' by Meta's AI push
Venture capitalist and early Facebook investor Jim Breyer said Meta CEO Mark Zuckerberg has been energized by his company's recent push into AI.CNBC - Jan. 22 -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - Jan. 14 -
Inside Mark Zuckerberg’s Sprint to Remake Meta for the Trump Era
After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are ...The New York Times - Jan. 13 -
Zuckerberg says Biden officials would 'scream,' 'curse' at Meta team over COVID takedown requests
Meta CEO Mark Zuckerberg said Biden administration officials would “scream” and “curse” at his employees when they disagreed with the government’s takedown requests over pandemic-related content. ...The Hill - Jan. 10 -
Mark Zuckerberg’s end to Meta factchecking is a desperate play for engagement
As factchecking attempts end, Meta’s platforms will become a wasteland of fake news and misinformation. Mark Zuckerberg craves one metric more than any other: engagement, the statistic that ...The Guardian - Jan. 10 -
Zuckerberg approved Meta’s use of ‘pirated’ books to train AI models, authors claim
Sarah Silverman and others file court case claiming CEO approved use of dataset despite warnings. Business live – latest updates Mark Zuckerberg approved Meta’s use of “pirated” versions of ...The Guardian - Jan. 10 -
How Mark Zuckerberg pivoted Meta to the right
Meta CEO Mark Zuckerberg said Tuesday that he was ending professional fact-checking on Facebook and Instagram.NBC News - Jan. 8 -
Mark Zuckerberg Says Meta Fact-Checkers Were the Problem. Fact-Checkers Rule That False.
Fact-checking groups that worked with Meta said they had no role in deciding what the company did with the content that was fact-checked.The New York Times - Jan. 7 -
Mark Zuckerberg announces end of fact-checking program for Meta
Meta’s CEO Mark Zuckerberg announced in a video that its platforms, including Facebook and Instagram, will no longer implement a fact-checking policy, instead relying on community notes similar to ...NBC News - Jan. 7 -
Meta ending fact-checking program: Zuckerberg
Social media giant Meta announced a series of changes to its content moderation policies Tuesday, including the elimination of its fact-checking program, in what CEO Mark Zuckerberg said was an ...The Hill - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3