The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta CEO Mark Zuckerberg and CFO Susan Li spoke of the benefits of DeepSeek's flagship AI model to its company in a leaked all-hands.
Meta Platforms plans to invest $60-$65 billion in 2025 to enhance its AI infrastructure, aiming to compete with OpenAI and ...
Midlevel staff are often the first targets of corporate downsizing efforts, but Meta’s plan to replace an entire tier of ...
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in ...
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the ...
Meta's Mark Zuckerberg has moved to encourage optimism after DeepSeek’s AI models sent out multiple shockwaves that rocked ...
Sam Altman hailed the Chinese firm's low-cost AI model as "impressive" and said OpenAI would accelerate the release of ...
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...
The sudden popularity of the Chinese chatbot drove a huge plunge in shares of Nvidia. But other A.I. powerhouses rallied.
Samsung’s Galaxy S25 series launched, OpenAI’s first AI agent Operator debuts, Mark Zuckerberg lists AI goals for 2025, Meta ...
The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's ...