Latest in Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough
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Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales
The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.The New York Times - 48m -
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 -
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 -
White House aide says spending freeze isn't being rescinded despite memo
The White House is claiming the Wednesday move by the Office of Management and Budget (OMB) rescinding a controversial order that froze a wide swath of federal financial assistance is not actually ...The Hill - 1d -
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 -
Steve Cohen says AI will be decadeslong theme, but Monday proves it won't be a 'straight line'
Cohen said the AI boom could see ups and downs and the lack of accurate information could exacerbate volatility around AI-related investments.CNBC - 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 -
'He'll go down': RFK Jr. nomination won't pass Senate, O'Reilly says
There are limits to President Donald Trump's control of Republicans in Congress, Bill O'Reilly says.The Hill - 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 -
Nvidia Reels After DeepSeek’s A.I. Breakthrough
The tech industry has had an insatiable appetite for Nvidia’s chips over the last two years. But the feast may be over sooner than many had expected.The New York Times - 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 -
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 -
Reeves says she won't let critics get her down after UK borrowing costs rise
The chancellor tells the BBC she has got "what it takes" following a bumpy week for the UK economy.BBC News - Jan. 17 -
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 -
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 -
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 -
California’s Wildfires Show No Signs of Slowing Down
As hurricane-force winds fan the most destructive wildfires in California history across bone-dry foothills, communities face the dual threat of natural forces and a warming world.Wired - Jan. 8 -
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 -
Europe can still win in AI despite US dominance, says Skype co-founder
Niklas Zennström believes continent can thrive by developing applications on top of artificial intelligence modelsFinancial Times - 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 -
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 -
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 -