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Microsoft, Meta CEOs Defend Hefty AI Spending

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

By Aditya Soni and Deborah Mary Sophia (Reuters) -Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.

moneycontrol.com · 2h

Microsoft, Meta back big AI spending despite DeepSeek's low costs

Microsoft has earmarked $80 billion for AI in its current fiscal year, while Meta has pledged as much as $65 billion

Benzinga.com · 4h

1MSFT, META : Meta Vs. Microsoft: Can Their AI Infrastructure Plans Hold Up Against...

Meta and Microsoft are investing heavily in cloud and AI infrastructure, but face challenges from DeepSeek. Both focus on growth and optimization.

Microsoft shares slide

Reuters · 13h

Microsoft shares slide on cloud outlook; Meta up after Q4 beat

Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent Meta shares rose after beating expectations, as investors scrutinised the companies' spending on artificial intelligence.

Channel NewsAsia Singapore · 44m

Microsoft shares slide on dour cloud outlook, Meta rises on revenue beat

Microsoft shares fell 3.5 per cent in premarket trading on Thursday after the company issued a downbeat forecast for its cloud business, while Meta rose 2.6 per cent after beating quarterly revenue estimates.

USA Today · 16h

Microsoft shares slide as cloud forecast, AI spending disappoint

Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet to satisfy investors.

DeepSeek, Microsoft and AI

Reuters · 1d

Microsoft rolls out DeepSeek's AI model on Azure

Microsoft has made Chinese startup DeepSeek's R1 artificial intelligence model available on its Azure cloud computing platform and GitHub tool for developers, the U.S. company said on Wednesday.

Hosted on MSN · 4h

Microsoft reportedly investigates whether DeepSeek improperly used OpenAI’s models

OpenAI and Microsoft are probing whether DeepSeek used distillation to help train its rival reasoning model. What we know about the passenger plane collision near Washington, DC My aging parents rely 100% on Social Security to get by.

Ars Technica · 3h

Microsoft embraces OpenAI competitor DeepSeek on its AI hosting service

Fresh on the heels of a controversy in which ChatGPT maker OpenAI accused the Chinese company behind DeepSeek R1 of using its AI model outputs against its terms of service, OpenAI's largest investor Microsoft announced on Wednesday that it will now host DeepSeek R1 on its Azure cloud service.

3hon MSN

Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs

By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI ...

CRN1h

AWS, Meta, Microsoft, Nvidia And Oracle: Five Data Center Deals Worth $676B Announced This Month

Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...

17hon MSN

Microsoft and Meta’s AI Splurge Still Not Enough for Nvidia

The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.

Microsoft, Meta, and OpenAI Have Recently Confirmed Massive AI Investments

Nvidia stock could benefit from these massive AI infrastructure investments.

Microsoft and Meta back big AI spending despite DeepSeek’s low costs

The CEOs of the two companies said the massive AI spending was crucial to staying competitive in the new field ...

11h

Heard on the Street: Behind the AI Splurge at Microsoft and Meta

That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double the same period the previous year. The bulk of it is going on chips and data centers to power generat ...

Meta, Microsoft And Tesla All Report Earnings After The Close

Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, ...

5hon 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.

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