The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China’s DeepSeek raises questions about the cost of the AI arms race.

Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...

Meta will hike up its A.I. spend this year it goes all in on Mark Zuckerberg’s vision to dominate the emerging technology.

Meta's Mark Zuckerberg - no slowdown in AI spend, no panic about DeepSeek, and no shame about abandoning fact-checking ...

Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.

Investors punished Microsoft with a 4 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2 per cent after CEO Mark Zuckerberg assured ...

The bullish projection about the company's AI future sent shares in the company spiking by as much as five percent in after hours trading.

The spending spigots are still wide open Meta Platforms and Microsoft are two of the so-called hyperscalers who are [plowing tens of billions of dollars into artificial intelligence]( ...

Amid DeepSeek mania, tech giant Meta’s CEO Mark Zuckerberg has vowed to spend “hundreds of billions of dollars” in AI over ...

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Mark Zuckerberg says it’s too soon to assess DeepSeek’s impact but insists Meta will keep investing heavily in AI innovation.

US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay out roughly $25m.