Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said his company will invest between $60 billion and $65 billion in capital expenditures related to artificial intelligence in 2025, well above the figure analysts had been projecting.
Meta CEO Mark Zuckerberg is said to be eyeing a mansion in Washington, D.C., according to Financial Times. This possible move is seen as a sign of his ambition to work more closely with the Trump administration on key issues like artificial intelligence (AI) regulation.
Mark Zuckerberg is ready to put tens of billions of dollars toward making Meta (META) an artificial intelligence leader this year.
Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious losses under Elon Musk.
The rise of Chinas DeepSeek AI assistant has sent shares of Western tech companies tumbling The worlds 500 richest people lost a t
Meta Platforms reported fourth-quarter earnings that topped analysts' estimates as revenue grew more than 20% year-over-year.
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,
DeepSeek’s emergence roiled markets earlier this week, but investors see limited scope for the Chinese artificial intelligence startup to dent the performance of the Magnificent Seven, the latest Bloomberg Markets Live Pulse survey showed.
Stocks bounced around but settled higher Thursday as mixed tech earnings and tariff comments made for a choppy day of trading.These stocks made moves Thursday:Tesla reported fourth-quarter adjusted earnings of 73 cents a share,
DeepSeek is facing allegations of copying technology from competitors such as OpenAI, as well as from Donald Trump's AI advisor, David Sacks, and billionaire Vinod Khosla.
Chinese startup DeepSeek claims to offer competitive AI models at lower costs, raising doubts about U.S. tech giants' investments in AI. Microsoft and Meta defend their significant spending, highlighting its importance for long-term strategic advantage amidst increasing demand for AI solutions.