Latest in Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat
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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 -
Calm down: DeepSeek-R1 is great, but ChatGPT’s product advantage is far from over
For now, ChatGPT remains the better-rounded and more capable product, offering a suite of features that DeepSeek simply cannot match.VentureBeat - 3d -
Nvidia, Microsoft shares tumble amid rise of China-based AI DeepSeek
DeepSeek chatbot tops Apple's app-store charts.ABC News - 3d -
How Chinese A.I. Start-Up DeepSeek Is Competing With OpenAI and Google
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.The New York Times - 3d -
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 -
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 -
Breaking down Trump's tariff threat at Davos
President Trump on Thursday threatened world leaders with tariffs at the World Economic Forum in Davos, Switzerland, if they don't make their products in the U.S. David Wessel, senior fellow in ...CBS News - Jan. 23 -
Trump ends security detail for three of his former officials despite threats from Iran
Trump revokes protections for Mike Pompeo, Brian Hook and John R Bolton, who face threats due to actions they took following Trump’s orders. US politics live – latest updates Donald Trump ...The Guardian - Jan. 23 -
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 -
UConn's Dan Hurley doubles down after latest sideline eruption at an official, blames cameras for only showing him
Dan Hurley screamed out that he was the "best coach in the f***ing sport" after a referee turned his back to him on Tuesday night.Yahoo Sports - Jan. 22 -
China sees room to avert trade war with Trump despite tariff threat
New US president hints at potential agreement linking TikTok ownership with tariffsFinancial Times - Jan. 22 -
Starmer urges world leaders to ‘double down’ on support for Ukraine
PM stressed shared ‘unbreakable commitment to Nato and Ukraine’ with Poland in meeting with Donald Tusk . Keir Starmer has urged world leaders to “double down” in their efforts to support Ukraine ...The Guardian - Jan. 17 -
Goodbye TikTok, Ni Hao RedNote? + A.I.’s Environmental Impact + Meta’s Masculine Energy
“This is truly one of the funniest and most unexpected stories of the young year so far.”The New York Times - Jan. 17 -
Coco Gauff and Taylor Fritz give US a double threat at Australian Open
This year marks the first time in nearly 20 years that both an American man and woman are seeded in the top four of a major. Analyzing a grand slam draw before the tournament begins is a fraught ...The Guardian - Jan. 12 -
Cade Cunningham continues to make All-Star case with huge triple-double to lead red-hot Pistons to another win
Cunningham took over in the fourth quarter as Detroit won for the ninth time in 11 gamesCBS Sports - Jan. 12 -
Ukraine doubles down on Kursk ahead of Trump taking office
Ukraine is leaning into its efforts to hold onto the Russian territory of Kursk amid intense pressure from Russian and North Korean forces to take it back, apparently gambling that the region could ...The Hill - Jan. 11 -
Meta Goes MAGA Mode + a Big Month in A.I. + HatGPT
“I think this set of changes that the company announced this week are the most important series of policy changes that they have made in the past five years.”The New York Times - Jan. 10 -
Sanders doubles down on attacks on Musk over H-1B visas: ‘Dead wrong’
Sen. Bernie Sanders (I-Vt.) is doubling down on his attacks against tech billionaire Elon Musk over H-1B visas, telling him he’s “dead wrong” about the employment visa. In an op-ed published ...The Hill - Jan. 9 -
MLB rumors: Alex Verdugo draws interest from contenders despite down year, Red Sox eye relief help
Here are your hot stove rumors for Wednesday, Jan. 8CBS Sports - Jan. 8 -
Huge problems with axing fact-checkers, Meta oversight board says
The body's co-chair says moving to community notes could have a big impact on gender rights and minority groups.BBC News - Jan. 8 -
Titans fire GM Ran Carthon after two seasons despite big spending spree
The Tennessee Titans fired general manager Ran Carthon after just two seasons on the job and a 9-25 recordABC News - Jan. 7 -
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan's Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden administration over blocking the proposed merger.CNBC - Jan. 7 -
Venezuela doubles down on intention to arrest opposition leader who claims he defeated Maduro
Venezuela’s government has doubled down on its intention to arrest the opposition leader who claims to have defeated President Nicolás Maduro in last year’s electionABC News - Jan. 5 -
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 -
Meta shuts down its AI character accounts that users called 'creepy and unnecessary'
Since late 2023, around a dozen AI Instagram and Facebook accounts created by their social media parent company Meta quietly existed on the platforms.NBC News - Jan. 3 -
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 -
Homan: 'We need to really dig down into insider threat in our military'
Tom Homan, tapped by President-elect Trump as his "border czar," stressed that the incoming administration has to keep an eye on potential extremism within the U.S. military and other agencies ...The Hill - Jan. 3 -
Federal authorities on heightened terror alert despite no known threat
The FBI confirmed that an ISIS flag was on the vehicle used in the deadly New Orleans truck ramming attack that killed at least 15 people and injured dozens of others. It comes as the FBI says the ...NBC News - Jan. 2 -
Texas avoids huge upset, beats Arizona State 39-31 in double overtime in Peach Bowl
Texas avoided the first big upset of the College Football Playoff, hitting a fourth-and-long touchdown pass to keep the game going and beating Arizona State 39-31 in double overtime when an ...ABC News - Jan. 1